User Account

All Pages

Congressional budget office

Assignment Help Macroeconomics
Reference no: EM131326484

The Congressional Budget Office estimates that the U.S. budget deficit for 2016 will be $587 billion.  The US debt is approximately $19.9 trillion. The estimated GDP for 2016 is about $18.7 trillion, and net interest payments on the debt will be approximately  $251 billion. 

In your opinion, is the deficit too high?  What about the debt?

Reference no: EM131326484

Questions Cloud

Find the economic schedule for a demand : Use the base-point and participation factor method to find the economic schedule for a demand of 495 MW. Start from the solution to part a.
Discuss about the drug prevention strategies : Discuss about the Drug Prevention Strategies.Research about it.
What is the debt to gdp ratio : The autonomous expenditure is (C0 + I0) is 600 and government expenditure is 400. What is the debt to GDP ratio?
Does film have power to transform political sensibilities : Developing a clear and concise thesis statement (an argument) in response to the following question: Does the film have the power to transform political sensibilities
Congressional budget office : The Congressional Budget Office estimates that the U.S. budget deficit for 2016 will be $587 billion.  The US debt is approximately $19.9 trillion. The estimated GDP for 2016 is about $18.7 trillion, and net interest payments on the debt will be a..
Find which forms are necessary for jackie o parks tax return : Determine which forms are necessary for Jackie O. Park's tax return. Go to the IRS Web site and download the fill-in tax forms that you will need to complete: 1040 and 1040 Schedule A.
Which steps would not usually be part of budgeting process : Which of the following statements regarding budgets of not-for-profit organizations is true? Which of the following steps would not usually be part of the budgeting process?
How do you use technology in your daily life : Information technology is the process of using computers or computing devices to obtain and handle information and data. Using this technology is something that is performed daily by people all over the world. What is the impact of information tec..
Write how membership in the united nations can help : Pick one of the least developed countries and write how membership in the United Nations can help it solve its major problems. Must 250 words APA Format

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd