economics

economics 

Play the simulation The Debt Fixer (from the Committee for a Responsible Federal Budget), in which you make fiscal policy decisions in an attempt to reduce the U.S. debt. You can play the simulation as many times as you like.Write a 3 - 4 page paper, double space, 12 point font. Include an image of your simulation report, graph and table.  Cite a minimum of 5 sources.  The citing style is at your discretion; however, make sure the format is accurate.  Include in your paper the following:

• Share your experience in the simulation. What strategies did you pursue? Were you successful in reducing the debt?
• In your opinion, is a high national debt a problem for future economic growth? What is the ideal debt-to-GDP ratio? Research academic sources or refer to the information available through the simulation to support your opinion.
• Government spending increases national debt and can cause a crowding-out effect. Explain what the crowding-out effect is and why it's considered a negative effect of increased government spending. Use information from the textbook to support your analysis.