Macroeconomics (7th Edition)
Macroeconomics (7th Edition)
7th Edition
ISBN: 9780134738314
Author: R. Glenn Hubbard, Anthony Patrick O'Brien
Publisher: PEARSON
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Chapter 16, Problem 16.6.3RQ
To determine

Balancing the federal budget.

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Should the Federal budget always be balanced? Explain
A constitutional amendment has been proposed that would require Congress to balance the budget each year.  Is it possible to balance the budget every year?  Is it desirable?
What is fiscal policy and why it’s important?
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