Financing Modern Government: The Political Economy of the Public Sector

activity aggregate demand allocation analysis areas assessed assets basic benefits billion bonds borrowing brackets budget capital gains cent cities concept Congress consumers consumption corporate income tax costs death tax debt management decisions developed distribution economic growth economists effects equilibrium ernment excise taxes exemptions federal government fiscal policy full employment function funds gift tax given highway impact increase indifference curve individual inflation inflationary investment issue land levied major ment monetary policy national income negative income tax nomic operations optimal output personal income political private sector problems production programs progressive tax property tax public debt public expenditures public finance public sector purchase rate structure reduce revenue sales tax saving shifting social spending stabilization supply tax base tax burden tax incidence tax rate tax system taxation taxpayers tend theory tion types units urban welfare welfare economics World War II