Chapter 12 - Fiscal Policy and the National Debt

1		At the beginning of 2006 the national debt was over $ .
2		In fiscal year 2005 the federal budget deficit was about $ .
3		When the federal budget deficit is falling, the national debt is .
4		Unemployment insurance benefits, personal savings, and credit availability are each examples of the .
5		If there is an inflationary gap the two fiscal policy measures we need to take are raising and cutting .