7D BALANCEDBUDGET, DEFICIT 7NATIONAL DEBTEPF7 demonstrate knowledge of how monetaryand fiscal policy influence employment,...
Balanced Budget, Deficit, NationalDebt   The federal government’s annual budget is    balanced when its revenues from tax...
When is the federalgovernment’s budgetbalanced?
Balanced Budget   When federal government revenues and    expenditures are equal, the budget is    balanced.
What is a budget deficit?
Budget Deficit   The federal budget is in deficit when the    government’s expenditures exceed its    revenues.
What is a budget surplus?
Budget Surplus   The federal budget is in surplus when the    government’s revenues exceed its    expenditures.
Where does the federalgovernment get the money topay its expenditures when it hasa deficit?
Money, when in a deficitWhen the budget is in deficit, the government must borrow by selling securities to individuals, co...
What is the cost of the nationaldebt?
Cost of the National Debt   The national debt is the total amount of    money the federal government owes.   This is the...
Upcoming SlideShare
Loading in …5
×

7d balanced budget deficit national debt

1,334 views

Published on

Published in: Business, Economy & Finance
1 Comment
2 Likes
Statistics
Notes
  • I'm just so amazed to learn about Balanced Budget, Deficit, and National Debt. I cannot thank you @maynardteacher for discussing those concepts here.
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
No Downloads
Views
Total views
1,334
On SlideShare
0
From Embeds
0
Number of Embeds
68
Actions
Shares
0
Downloads
27
Comments
1
Likes
2
Embeds 0
No embeds

No notes for slide

7d balanced budget deficit national debt

  1. 1. 7D BALANCEDBUDGET, DEFICIT 7NATIONAL DEBTEPF7 demonstrate knowledge of how monetaryand fiscal policy influence employment, outputand prices
  2. 2. Balanced Budget, Deficit, NationalDebt The federal government’s annual budget is balanced when its revenues from taxes and user fees equal its expenditures. A budget deficit results when spending exceeds revenues. The national debt is the sum of what the federal government owes.
  3. 3. When is the federalgovernment’s budgetbalanced?
  4. 4. Balanced Budget When federal government revenues and expenditures are equal, the budget is balanced.
  5. 5. What is a budget deficit?
  6. 6. Budget Deficit The federal budget is in deficit when the government’s expenditures exceed its revenues.
  7. 7. What is a budget surplus?
  8. 8. Budget Surplus The federal budget is in surplus when the government’s revenues exceed its expenditures.
  9. 9. Where does the federalgovernment get the money topay its expenditures when it hasa deficit?
  10. 10. Money, when in a deficitWhen the budget is in deficit, the government must borrow by selling securities to individuals, corporations, financial institutions, and/or other governments to finance that deficit.
  11. 11. What is the cost of the nationaldebt?
  12. 12. Cost of the National Debt The national debt is the total amount of money the federal government owes. This is the sum of all its past annual deficits and surpluses. The government pays interest on the money it borrows to finance the national debt. The money spent on this debt service (interest) is not available to pay for other government priorities.

×