Council for Economic Education
Econ Ed Link: Where Does the Money Come From?
With very few exceptions, the U.S. federal government does not have an "income" to spend providing goods and services. The money used for federal spending programs must be collected as federal taxes, or it must be borrowed. This lesson...
Curated OER
Biz/ed: Government Expenditure Theories the Multiplier 10bn Expenditure
When the government increases the level of its spending, the effects will often go well beyond the spending itself. There will often be knock-on effects in the economy as well. To illustrate this, consider the example of previously...