储蓄投资和金融体系讲义.ppt

* This slide is “hidden” and will not appear in the slide show presentation. I provided it in case you wish to lecture on the effects of budget deficits instead of having students do the analysis themselves in the exercise from Active Learning 2. If so, move this slide to that location and “unhide” this slide, by unselecting “hide” in the Slide Show menu. The analysis shows that the budget deficit reduces investment, which the preceding chapter shows is important for the long-run standard of living. This is one reason why many economists believe budget deficits are generally undesirable.