Chapter 12 - Fiscal Policy and the National Debt

1		At the end of 2000 the national debt was about $ trillion.
2		In 2000 the federal budget surplus was about $ billion.
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 .