Budget Surpluses and Deficits

Questions to Focus on:

  • The challenge of fiscal policy: when to stop?
  • What is a surplus?
  • What is a budget deficit?
  • What are the principles that guide government fiscal policy?

Additional Practice and Review-Numeracy Activity

Complete “Thinking Like and Economist” page 234

Please read the following:

Fortune Magazine

The Usual Suspects

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