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INFLATIONARY & DEFLATIONARY GAP
1 Ch. 10: The Federal Budget and Fiscal Policy James R. Russell, Ph.D., Professor of Economics & Management, Oral Roberts University ©2005 Thomson Business.
Economic Policy. The politics of deficit spending The general landscape Deficit: government spending over and above the amount taken in by taxes National.
M ACROECONOMIC P OLICY IN THE A SIA -P ACIFIC GECO6400 Fiscal Policy.
TOPIC 4
„BMW-Model“: A new framework for teaching macroeconomics : Monetary and Fiscal Policy Interaction in a closed Economy Peter Bofinger, Eric Mayer Universität.
Chapter 12 Fiscal Policy and the National Debt 12-1 Copyright 2002 by The McGraw-Hill Companies, Inc. All rights reserved.
Concepts of Fiscal policy. 2 of 38 Fiscal policy Fiscal policy refers to the policy of the government regarding Taxation (Revenue collection through taxes)