Introduction Besides taxation, the governments other major revenue source is borrowing In this lesson we will Discuss problems with measuring size of debt Who bears the burden of the debt When is borrowing a suitable way to finance government expenditure2 Introduction • Besides taxation, the government’s other major revenue source is borrowing. • In this lesson, we will: – Discuss problems with measuring size of debt – Who bears the burden of the debt – When is borrowing a suitable way to finance government expenditure