1) What is the current US Federal Budget is (2006). What are the major categories of expenditures? What has changed since 2005? Why?
2) What is the current US Federal deficit is. How has it changed since 2005? Why?
3) 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?© BrainMass Inc. brainmass.com October 24, 2018, 7:55 pm ad1c9bdddf
Suppose you are the chairperson of the Fed's Board of Governors...
Suppose you are the chairperson of the Fed's Board of Governors at a time when the economy is depressed, and you are called to testify before a congressional committee. Write an explanation for an interrogatory senator outlining how your expansionary acts would operate and what would be the effects on the economy?View Full Posting Details