Understanding Budget Deficits and the National Debt

by Kathy Furgang and Adam Furgang

In the wake of the Great Recession of 2007 to 2009 and the ensuing federal stimulus efforts, no economic subject has drawn as much attention or attracted as much controversy as the national debt and federal and state budget deficits. This book clearly explains how and why governments borrow money, how and why they engage in deficit spending, and the short-term and long-term effects such practices have on the economy. Even-handed and nonpartisan, this...

• Format: Library Binding
• Language: English
• ISBN: 1448855705
• ISBN13: 9781448855704
• Release Date: December 2011
• Publisher: Rosen Young Adult
• Length: 80 Pages
• Weight: 0.76 lbs.
• Dimensions: 0.4" x 6.5" x 9.1"
• Age Range: 12 to 17 years
• Grade Range: Grades 7 to 12