TAILIEUCHUNG - Lecture Macroeconomics - Chapter 11: Deficits, surpluses, and the public debt

Chapter 11 presents deficits, surpluses, and the public debt. After studying this chapter you will be able to understand: What a budget deficit and a budget surplus are, and their connection to the public debt; about the recent history of Canada’s budget surpluses, deficits and public debt; the misconceptions about budget deficits and the national debt; the substantive issues about budget deficits and the public debt; the effect of the recent budgetary surplus. | Chapter 11 Deficits, Surpluses, & the Public Debt SLIDES PREPARED BY JUDITH SKUCE, GEORGIAN COLLEGE In this chapter you will learn What a budget deficit and a budget surplus are, and their connection to the public debt About the recent history of Canada’s budget surpluses, deficits and public debt The misconceptions about budget deficits and the national debt The substantive issues about budget deficits and the public debt The effect of the recent budgetary surplus Chapter 11 Topics Deficits & Debt: Definitions Budget Philosophies The Public Debt: Facts & Figures False Concerns Substantive Issues Deficits & Surpluses: 1990 to the Present Options for the Surpluses Deficit & Debt: Definitions Budget Deficit Annual amount by which government expenditures exceed taxes . 1996/97 deficit = $ billion Public Debt Accumulation of all past deficits . 2000 public debt =$650 billion Chapter 11 Topics Deficits & Debt: Definitions Budget Philosophies The Public Debt: Facts & Figures False

• Kinh tế học
• Macroeconomic activity
• Lecture Macroeconomics
• Macroeconomic environment
• Financial system
• Public debt
• Budget philosophies
• Macroeconomic adjustments
• Method of economics
• Nature of economics
• Macroeconomic policy
• Macroeconomic
• Theoretical Model
• publication
• transmitted
• electronic
• mechanical
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• Economic problem
• Foundation of economics
• Individual markets
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• Canadian economy
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• Income approach
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