Macroeconomics: Fiscal Policy
Crowding-out Effect - youtube (11/2/2011)
Government deficit financing could crowd out private investment.
Government deficit financing could crowd out private investment.
Debt Trap - flash (6/18/2010)
Debt/income ratio will rise as long as the deficit exceeds debt times the income growth rate.
Debt/income ratio will rise as long as the deficit exceeds debt times the income growth rate.
Deficit and Debt - youtube (11/2/2011)
Chronic budget deficits could lead to a ballooning debt/GDP ratio.
Chronic budget deficits could lead to a ballooning debt/GDP ratio.
Domestic Content (5/13/2010)
Economic stimulus might end up stimulating foreign economies more than the domestic economy when the US is so dependent on imports.
Economic stimulus might end up stimulating foreign economies more than the domestic economy when the US is so dependent on imports.
Eat Your Cake Now - cartoon transcript (6/22/2012)
Who doesn't like to eat their cake and have it at the same time?
Who doesn't like to eat their cake and have it at the same time?
Eat Your Cake Now - youtube cartoon (11/2/2011)
Who doesn't like to eat their cake and have it at the same time?
Who doesn't like to eat their cake and have it at the same time?
Expenditure Multiplier - flash (12/14/2009)
Total expenditure could be a multiple of the injected stimulus if most of the additional income is spent.
Total expenditure could be a multiple of the injected stimulus if most of the additional income is spent.
Front Loading (5/12/2010)
Cash for clunkers and home-buyer tax credit provided huge subsidies for each incremental sale but failed to sustain the car and housing markets.
Cash for clunkers and home-buyer tax credit provided huge subsidies for each incremental sale but failed to sustain the car and housing markets.
Liquidity Trap (6/17/2010)
Even with short-term interest rates close to zero, the US economy has failed to respond to cheap money because of anemic bank lending.
Even with short-term interest rates close to zero, the US economy has failed to respond to cheap money because of anemic bank lending.
