Chapter 17

Government Budgets and Fiscal Policy

1. —Introduction
2. 17.1Government Spending
3. 17.2Taxation
4. 17.3Federal Deficits and the National Debt
5. 17.4Using Fiscal Policy to Fight Recession, Unemployment, and Inflation
6. 17.5Automatic Stabilizers
7. 17.6Practical Problems with Discretionary Fiscal Policy
8. 17.7The Question of a Balanced Budget
9. —Key Concepts and Summary