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Economics: Proposal To Cut The Budget Deficit
Beginning of essay
The federal budget is an explosive problem which if not acted upon soon,
threatens to swallow the entire domestic income. I have placed together
several decisions that create a minimal impact upon the economy, yet reduce
the federal budget deficit by 2/3s. The aggregate demand curve ultimately
w ....
Middle of essay
....mpc while mpc = .25) the economy
will shrink at around 70 billion.
My increased spending shall position the aggregate demand curve back to
its origional place then move it a tiny fraction to the right, as marginal
growth would be accomplished through this entire plan. Increasing defenses
3% in 2002 would increase the deficit by 44 billion, and expand the economy
58.66 billion. Increasing domestic discretionary spending would increase
the deficit by 9 billion, and expand the economy by 12 b.... |
| Number of words: 419 |
Approximate pages: 2 |
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