Chapter 18 | The Impacts of Government Borrowing Flashcards
1
Q
Head Start program
A
a program for early childhood education directed at families with limited educational and financial resources
2
Q
Ricardian equivalence
A
the theory that rational private households might shift their saving to offset government saving or borrowing
3
Q
twin deficits
A
deficits that occur when a country is running both a trade and a budget deficit
