What will happen to budget position over the next five years

Reference no: EM13180796

Suppose you are in charge of U.S. fiscal policy. The economy is in recession. Based on what you've learned in this chapter, what would you do? Optional: What factors caused the federal budget to turn from a surplus to an expected deficit in 2002? What do you think will happen to the budget position over the next five years?

Reference no: EM13180796

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