Economics Homework Help

1. Students must describe fiscal policy, clearly identifying the tools of fiscal policy and the general aim or objectives of fiscal policy

2. Use and define concepts such as budget, deficit, surplus, debt, crowding-out, revenue and expenditure

3. Look at trends in government budget over some period, such as Figure 1 and analyze the outcome 

4. What Correlation exist between government revenue, expenditure and debt. distinguish between correlation and causation in answering this question

5. Interpret the results pointing to arguments for and against the deficit and possible solutions (each student is to write their paper individually, submitting a written paper on Discussion Board).