In which of the following cases does the size of the governments debt and the size of

Question

Problem 3

In which of the following cases does the size of the governments debt and the size of the budget deficit indicate potential problems for the economy? a. The governments debt is relatively low, but the government is running a large budget deficit as it builds a high-speed rail system to connect the major cities of the nation. b.The governments debt is relatively high due to a recently ended deficit-financed war, but the government is now running only a small budget deficit. c. The governments debt is relatively low, but the government is running a budget deficit to finance the interest payments on the debt.

Answer 1

Step-by-Step Solution:

Step 1 of 3

Week 2 Tuesday, August 25, 2015 6:28 PM  2 criteria to determine if it is a state law o Diversity of Citizenship  Plaintiff in one state vs. Defendant in another  Duty of any and all countries is act in their best example of citizenship…make people happy  All states act same as country o Amount in Controversy… $75,000 or more  How much is being sued for Defendant Plaintif  Venue o Fairness to defendant, not plaintiff o 2 rules (options)  Where the defendant lives 

Chapter section 6, Problem 3 is Solved

Step 2 of 3

Step 3 of 3

Solution for problem 3 Chapter section 6

In which of the following cases does the size of the governments debt and the size of

Chapter section 6, Problem 3 is Solved