Chapter 12: Fiscal Policy
Chapter Outline
- The Government Budget: General Contradictions
- Government Expenditures
- Current and Recurrent Expenditures
- Wages and Salaries
- Purchases of Goods and Services
- Interest Payments
- Subsidies
- State-Owned Enterprises
- Intergovernment Transfers
- Tax Policy and Public Saving
- Taxes on International Trade
- Personal and Corporate Income Taxes
- Sales and Excise Taxes
- New Sources of Tax Revenues
- Changes in Tax Administration
- Fundamental Tax Reform
- Taxes and Private Investment
- Taxes and Private Saving
- Taxes and Capital Mobility
- Income Distribution
- Taxation and Equity
- Personal Income Taxes
- Taxes on Luxury Consumption
- Corporate Income and Property Taxes
- Limited Effects of Redistribution Policy
- Expenditures and Equity
- Economic Efficiency and the Budget
- Sources of Inefficiency
- Neutrality and Efficiency: Lessons from Experience
Section Menu
Organize
Learn
Connect
Instructors now have an easy way to collect students’ online quizzes with the Norton Gradebook without flooding their inboxes with e-mails.
Students can track their online quiz scores by setting up their own Student Gradebook.
NOTE TO INSTRUCTORS: the answers to the Exercises are found on the Norton Resource Library, not the Gradebook. To access that go to www.wwnorton.com/nrl.