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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 Policyon Real GDP and the Price Level
13. The Effects of Fiscal Policyon Real GDP and the Price Level
14. The Effects of Fiscal Policyon Real GDP and the Price Level
15. The Effects of Fiscal Policyon 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