ECO 203 Week 3 Discussion Question 2 Budget Deficits and the National Debt (Ash Course)
For more course tutorials visit www.uophelp.com ECO 203 Week 3 Discussion Question 2 Budget Deficits and the National Debt Between 2007 and 2011 the federal budget deficit grew from $160.7 billion to $1,299.6 billion, and the national debt grew from $8.9 trillion to $14.8 trillion. (Figure 10.1: The ratio of debt to GDP, 1977-2011.) In your post, differentiate the budget deficit from the national debt. How do you think the increases in the budget deficits and the national debt will affect the economy in the future?
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ECO 203 Week 3 Discussion Question 2
Budget Deficits and the National Debt
Between 2007 and 2011 the federal budget deficit grew from $160.7 billion to $1,299.6 billion, and the national debt grew from $8.9 trillion to $14.8 trillion. (Figure 10.1: The ratio of debt to GDP, 1977-2011.)Â
In your post, differentiate the budget deficit from the national debt. How do you think the increases in the budget deficits and the national debt will affect the economy in the future?
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<strong>ECO</strong> <strong>203</strong> <strong>Week</strong> 3 <strong>Discussion</strong> <strong>Question</strong> 2 <strong>Budget</strong> <strong>Deficits</strong><br />
<strong>and</strong> <strong>the</strong> <strong>National</strong> <strong>Debt</strong> (<strong>Ash</strong> <strong>Course</strong>)<br />
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O-<strong>203</strong>-<strong>Week</strong>-3-<strong>Discussion</strong>-<strong>Question</strong>-2-<strong>Budget</strong>-<strong>Deficits</strong>-<strong>and</strong><br />
-<strong>the</strong>-<strong>National</strong>-<strong>Debt</strong><br />
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<strong>ECO</strong> <strong>203</strong> <strong>Week</strong> 3 <strong>Discussion</strong><br />
<strong>Question</strong> 2<br />
<strong>Budget</strong> <strong>Deficits</strong> <strong>and</strong> <strong>the</strong><br />
<strong>National</strong> <strong>Debt</strong><br />
Between 2007 <strong>and</strong> 2011 <strong>the</strong> federal budget deficit grew from<br />
$160.7 billion to $1,299.6 billion, <strong>and</strong> <strong>the</strong> national debt grew from<br />
$8.9 trillion to $14.8 trillion. (Figure 10.1: The ratio of debt to<br />
GDP, 1977-2011.)Â<br />
In your post, differentiate <strong>the</strong> budget deficit from <strong>the</strong> national<br />
debt. How do you think <strong>the</strong> increases in <strong>the</strong> budget deficits <strong>and</strong><br />
<strong>the</strong> national debt will affect <strong>the</strong> economy in <strong>the</strong> future?<br />
Reference: Chapter 10, section 10.1: <strong>Debt</strong> <strong>and</strong> <strong>Deficits</strong>, <strong>and</strong> section<br />
10.4: Do <strong>Deficits</strong> Matter?
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