Discuss the current us federal budget

Reference no: EM1376292

Question1) Discuss the current United States Federal Budget is (2006). What are the major categories of expenditures? What has changed since 2005? Why?

Question2) What is the current United States Federal deficit is. How has it changed since 2005? Why?

Question3) Increases in real GDP are often interpreted as increases in welfare. What are some problems with this interpretation? Which do you think is the biggest problem with it, and why?

Reference no: EM1376292

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