Economics
Textbooks
Boundless Economics
Fiscal Policy
Evaluating Fiscal Policy
Economics Textbooks Boundless Economics Fiscal Policy Evaluating Fiscal Policy
Economics Textbooks Boundless Economics Fiscal Policy
Economics Textbooks Boundless Economics
Economics Textbooks
Economics
Concept Version 6
Created by Boundless

Problems of Long-Run Government Debt

Government debt

Government debt

Publicly issued debt is one means governments use to fund expansionary fiscal policy. The problem with debt is that it needs to be paid off with future revenues, which curtails future government spending.

Source

    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "Statue of Liberty 1917 poster."
    http://commons.wikimedia.org/wiki/File:Statue_of_Liberty_1917_poster.jpg Wikimedia Public domain.

Related Terms

  • cyclically balanced budget
  • Subjects
    • Accounting
    • Algebra
    • Art History
    • Biology
    • Business
    • Calculus
    • Chemistry
    • Communications
    • Economics
    • Finance
    • Management
    • Marketing
    • Microbiology
    • Physics
    • Physiology
    • Political Science
    • Psychology
    • Sociology
    • Statistics
    • U.S. History
    • World History
    • Writing

    Except where noted, content and user contributions on this site are licensed under CC BY-SA 4.0 with attribution required.