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Macroeconomic Indicators and Policy · Term 2

Government Debt and Deficits

Analyzing the causes and consequences of government budget deficits and national debt.

Key Questions

  1. Differentiate between a budget deficit and national debt.
  2. Analyze the potential long-term consequences of persistent national debt.
  3. Evaluate the trade-offs involved in using deficit spending to stimulate the economy.

Ontario Curriculum Expectations

CEE.EE.16.3CEE.EE.16.4
Grade: Grade 12
Subject: Economics
Unit: Macroeconomic Indicators and Policy
Period: Term 2

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