Texas Education Agency
Texas Gateway: Ch. 16: Government Budgets: Key Concepts and Summary
This section provides a summary of the key concepts presented in Chapter 16: Government Budgets and Fiscal Policy from the Texas Gateway AP Macroeconomics online textbook.
Texas Education Agency
Texas Gateway: Ch.16: Government Budgets: Federal Deficits and the National Debt
By the end of this section, you will be able to do the following: Explain the U.S. federal budget in terms of annual debt and accumulated debt and Understand how economic growth or decline can influence a budget surplus or budget deficit.