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5.4 Government Deficits and the National Debt

Part of Long-Run Consequences of Stabilization Policies in AP® Macroeconomics. Read the opening section, then create a free account for the full interactive lesson, practice, and progress tracking.

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Deficits and Debt

Government spending and fiscal policy can have several consequences in the long-run, especially concerning the national debt.

In this unit

8 lessons

  1. 5.1Fiscal and Monetary Policy Actions in the Short RunPreview lesson
  2. 5.2.1The Short-run Phillips CurvePreview lesson
  3. 5.2.2The Long-run Phillips CurvePreview lesson
  4. 5.3Money Growth and InflationPreview lesson
  5. 5.4Government Deficits and the National DebtThis lesson
  6. 5.5Crowding OutPreview lesson
  7. 5.6Economic GrowthPreview lesson
  8. 5.7Public Policy and Economic GrowthPreview lesson

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