Lecture Issues in economics today - Chapter 10: Federal deficits, surpluses, and the national debt
Lecture Issues in economics today - Chapter 10: Federal deficits, surpluses, and the national debt
In this chapter: Explain how economists look at the federal budget deficits and surpluses and the national debt, associate significant deficits as resulting from wars and severe recessions/depressions, conclude that economists are interested less in raw numbers than in more sophisticated measures of the burdens that deficits and debt place on us,...