Lecture 2 20

Lecture 2 20 - • Building new roads • Financed by...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Expenditure Side of the Economy E = C + I + G + (X – M) Government Spending Building new schools, offices Public libraries buying new books
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: • Building new roads • Financed by Taxes (T) Budget Deficit = G -T...
View Full Document

This note was uploaded on 04/03/2011 for the course ECON 2021 taught by Professor Mok during the Spring '11 term at HKU.

Ask a homework question - tutors are online