Long-term federal government budget problems
Course:- Macroeconomics
Length: Word count: 394
Reference No.:- EM1321

Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Macroeconomics

Question:. Explain why there are long-term Federal government budget problems.   Explain why the base-line forecast of the CBO is misleading. Include in your answer why solutions to the problem will necessarily involve a decision about which citizens will bear the burden of trying to balance the budget and how various general approaches can influence where the burden is likely to fall. 

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Macroeconomics) Materials
Suppose a new law establishes a minimum teacher salary that is 20 percent higher than the prevailing salary. How would you expect this law to affect the average quality of t
What factors make the Fed independent from politics? Why is there so much political pressure on the Fed, despite its independence - How does the Fed work to protect itself f
Right now the balance of payments balances-our purchases and asset sales are fine, and the exchange rate for the dollar is great. Please comment. You should be able to ans
Republicans are already eyeing changes to the inflation measure as a way to meet their goal of halving the budget deficit by 2002. The CPI is used to adjust social security
Providing government subsidies to encourage farmers, households, and businesses to increase their water-use efficiency. Raising price of water while providing low rates for mi
Illustrate the notion that people are rational respond to incentives consider an experiment conducted by researchers at St. Luke's Roosevelt Hospital in New York City.
If J and K pay their Lindahl prices, what is the consumer surplus for J and K, respectively? What is the total consumer surplus for this society from consuming fireworks?d.
Some macroeconomists have claimed that there was a sharp drop in the variability of ?Y around 1983, which they call the "Great Moderation." Is this Great Moderation evident