MACROECONOMICS
Stabilize the Debt simulation
Access and complete the Stabilize the Debt simulation at the Committee for a Responsible Federal Budget website:
http://crfb.org/stabilizethedebt/
Answer the follow four short answer questions (about a paragraph each):
[1] What changes did you make to the U.S. Budget (be specific) ?
[2] Do you think that any of the changes that you made would be considered to be popular (be specific)?
[3] Do you think that any of the changes that you made would be considered to be unpopular (be specific)?
[4] Were you successful in reducing the U.S. debt to 60% of GDP by 2024 (why or why not)? Note that if you were or were not successful is not a factor in grading, tell me about the result is what is important along with why.
Submit your answers in MS-Word (.doc or .docx) or Rich Text Format (.rtf) format.
Regarding this assignment, I am looking for substantial content based on the crfb.org website (explained content, positions and arguments). Do not use other websites (such as about Canada; we are only looking at the United States based on the crfb.org website).
