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Card 6
Front
Increase in borrowing because:1
Back
Card 7
Front
Increase in Borrowing because: 2
Back
Card 8
Front
In a recession, governments may try to
Back
Card 9
Front
Economic effects of govt borrowing-1) Higher debt interest payments
Back
Card 10
Front
Economic effects of govt borrowing- 2) Increased AD
Back
Card 11
Front
Economic effects of govt borrowing- 3) Higher taxes and lower spending
Back
Card 12
Front
Economic effects of govt borrowing- 4) Increased interest rates
Back
Card 13
Front
Economic effects of govt borrowing- 5) Crowding out
Back
Card 14
Front
Economic effects of govt borrowing- 6) Loss of Confidence
Back
Card 15
Front
Economic effects of govt borrowing- 7) Inflation
Back
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