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: The Question of a Balanced Budget
By the end of this section, you will be able to do the following: Understand the arguments for and against requiring the U.S. federal budget to be balanced and Consider the long-run and short-run effects of a federal budget deficit.