Why does the budget require a forecast to the economy

Question # 00578096 Posted By: dr.tony Updated on: 08/24/2017 07:21 AM Due on: 08/24/2017
Subject Economics Topic Macroeconomics Tutorials:
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Federal Budet and Federal Debt

Why does the budget require a forecast to the economy? Under what circumstances would actual government spending and tax revenue fail to match the budget as approved?

Federal Debt
what has happened to the federal debt since 2008 as measured relative to GDP?

Fiscal Policy:
In the current chapter, it shows that increased government purchases with taxes held constant, can eliminate a recessionary gap. How could a tax cut achieve the same result?

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  1. Tutorial # 00576010 Posted By: dr.tony Posted on: 08/24/2017 07:22 AM
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