Question

In: Economics

Do you think the government should run a balanced budget? List some of the necessary reforms...

Do you think the government should run a balanced budget?
List some of the necessary reforms that would be ideal for government to keep social security solvent without accumulating debt.

Solutions

Expert Solution

Conclusion

Government can run a balanced budget but not always required nor should that be goal.

Rahul Sunny answered 7 months ago
Next > < Previous

Related Solutions

After reading this chapter 16: “Fiscal policy”, do you think the government should run a balanced...
After reading this chapter 16: “Fiscal policy”, do you think the government should run a balanced budget? Discuss the necessary reforms that would be ideal for government to keep social security solvent without accumulating debt. (limits from 200 to 250 words long)
What type of reforms of money markets do you think central banks should undertake (or not!)?...
What type of reforms of money markets do you think central banks should undertake (or not!)? Why?
what do you think a small government should do to promote entrepreneurship? Or if you think...
what do you think a small government should do to promote entrepreneurship? Or if you think the government shouldn't do anything, please explain why.
The Federal Budget Why do you believe the federal budget should be reduced or balanced? Why...
The Federal Budget Why do you believe the federal budget should be reduced or balanced? Why do you believe the national debt should be reduced? What is the risk in reducing them, and what is the risk in failing to reduce them? What would you do if you had a magic budget wand, and you could make three changes to the way we raise federal revenues on an annual basis? Using that same wand what three changes would you make...
What do you think the primary role of the government should be?
EthicsWhat do you think the primary role of the government should be?Is it just to protect your liberties from other people inhibiting your rights? The government should focus on keeping other people from interfering in your self-actualization. This is a focus on negative rights. Think the Bill of Rights which is not about what the government can do for you, it is about how the government and others should leave you alone. This is the position of the right.Is it...
TOPIC: Fiscal Policy. Economic implications of government budget deficits, surpluses, tax reforms, social security reforms, government...
TOPIC: Fiscal Policy. Economic implications of government budget deficits, surpluses, tax reforms, social security reforms, government bailouts, and other aspects. A) How is government debt related to government deficit? B) What factors contribute to a large change in the Debt/GDP ratio? C) What are the three main channels through which fiscal policy affects the macroeconomy? D) Explain how each policy channel works. E) In what way is the government debt a potential burden on future generations?
Should the federal Government have a balanced budget (i.e. revenues = expenses), or is a deficit...
Should the federal Government have a balanced budget (i.e. revenues = expenses), or is a deficit –OK? What are some of the positive reasons to run a deficit?
Expansionary fiscal policy will do what to the government budget, assuming that was balanced at the...
Expansionary fiscal policy will do what to the government budget, assuming that was balanced at the start? An increase in personal taxes A decrease in government borrowing costs A budget surplus A budget deficit
why do you think normalization is a necessary step in the creation of your database? list...
why do you think normalization is a necessary step in the creation of your database? list multiple reasons
Should the United States government be required to have a balanced budget? What are the long-term...
Should the United States government be required to have a balanced budget? What are the long-term implications of continued government indebtedness?
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT