Which of the following options do you favor for resolving future social security deficits? What are the advantages and disadvantages of each option a) Cutting social security benefits b) Raising payroll taxes c) Cutting non-social security programs d) Raising income taxes

D4) country’s GDP growth rate is 6%, the interest rate on its debt (all local currency) is 8%, and its debt-to-GDP ratio is 95%. What does the country have to do to keep its debt-to-GDP ratio below 100%? Group of answer choices Keep its primary deficit below 8.05% of GDP Run a primary surplus of 8.05% of GDP. Bring its primary deficit down to zero. Raise its GDP growth rate to 8%.

(i) Explain the difference between the headline fiscal deficit and the primary fiscal deficit. Which one will be the biggest figure? Explain your reasoning. Is it possible for a country to have a headline fiscal deficit and a primary fiscal surplus? Explain your reasoning. (ii)

How does the typical state budget process work, and what are the various actors involved in that process? What are the main characteristics of a sustainable budget? What are the main sources of revenues for states and local governments? Is it possible to balance the demands for government services with existing revenue sources? What have been the various approaches advocated to reform budgeting processes at the state and local levels? What are the five key areas of future state and local budget needs? Which one do you think is the most critical and why? Explain. assignment #10 be sure to cite your source(s) using APA Style

For each of the descriptions below, decide whether it applies to a deficit, a surplus or the public debt. Deficit Surplus Public Debt Is calculated using factors The amount by which annual including treasury bills, notes, government revenues exceed expenditure. and bonds. Experienced by the U.S. federal government between 1998-2001, but rarely occurs in the modern American economy. Occurs when the cost of additional government programs exceed additional government income. The amount that government spending exceeds tax revenue.

​An excess of government revenues over expenditures results in a budget deficit  True  False