Chapter 15: Fiscal Policy

Chapter 15: Fiscal Policy PowerPoint PPT Presentation


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Chapter 15: Fiscal Policy

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1. Chapter 15: Fiscal Policy

2. Fiscal Policy Changes in federal taxes and purchases

3. Where does the government spend its money?

4. Fiscal Policy

5. Fiscal Policy

6. Where does the government get its money?

8. Laffer Curve (not in the book): there is optimal amount of taxation

9. Should the United States Adopt the “Flat Tax”?

10. Is Spending on Social Security and Medicare a Fiscal Time Bomb?

11. Government spending and aggregate demand

12. The Effects of Fiscal Policy on Real GDP and the Price Level

13. The Effects of Fiscal Policy on Real GDP and the Price Level

14. The Effects of Fiscal Policy on Real GDP and the Price Level

15. The Effects of Fiscal Policy on Real GDP and the Price Level

16. Multiplier (again)

17. The Government Purchases and Aggregate Demand

18. Taking into Account the Effects of Aggregate Supply

19. The Government Purchases and Tax Multipliers

20. The Government Purchases and Tax Multipliers

21. A cut in tax rates affects equilibrium real GDP through two channels:

22. The Multipliers Work in Both Directions

24. Crowding out

25. Crowding out limits Fiscal Policy in the short run.

27. Is Losing Your Job Good for Your Health?

28. Budget Deficit

29. Deficits, Surpluses, and Federal Government Debt

30. Deficits, Surpluses, and Federal Government Debt

31. Did Fiscal Policy Fail during the Great Depression?

33. Deficits, Surpluses, and Federal Government Debt

34. Deficits, Surpluses, and Federal Government Debt

35. Deficits, Surpluses, and Federal Government Debt

36. The Effects of Fiscal Policy in the Long Run

37. The Effects of Fiscal Policy in the Long Run

38. The Effects of Fiscal Policy in the Long Run

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