task 6
k_janinda
1. To which key set of expenditures do you suppose that “other things being equal” definitely applies in the government’s projections displayed in panel (b) of Figure 14-6? (Hint: Which types of expenses does the government often refer to as “noncontrollable”?)
2. If the federal government were to try to borrow more in future years to expand its capability to boost discretionary spending, what would likely happen to its net interest costs?
6 years ago
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