National Debt and Budget Deficits
Analyzing the long-term implications of budget deficits and national debt, including crowding out, intergenerational equity, and sustainability.
Key Questions
- Explain how high national debt creates trade-offs for future generations.
- Analyze the concept of 'crowding out' and its potential impact on private investment.
- Critique the arguments for and against government austerity measures during a recession.
National Curriculum Attainment Targets
Suggested Methodologies
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