More on Government and Fiscal Policy
The following three videos walk you through the components of the government's budget - taxation (revenue) and government spending, and the way in which they are used as tools of discretionary fiscal policy. The issue of crowding out is shown to result from excessive government borrowing.
Source: Mary J. McGlasson, https://www.youtube.com/watch?v=1qhJPqyJRo8&list=PLF2A3693D8481F442&index=26; https://www.youtube.com/watch?v=RGlt0nEQdRI&list=PLF2A3693D8481F442&index=27; and https://www.youtube.com/watch?v=lafDykKJ_9I&list=PLF2A3693D8481F442&index=28
These works are licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.
Last modified: Friday, May 21, 2021, 5:11 PM