Problem 1. Is it possible for the federal debt to increase in a year when the federal government has a surplus? How?
Problem 2. Are monopolies illegal, or does the government sometimes aid in establishment of a monopoly?
Problem 3. How large is total federal, state, and local government spending compared to the U.S. GDP?
Problem 4. What are the major sources of financing for the federal government, state governments, the health sector, and the not-for-profit sector?
Problem 5. Do capital budgets have an impact on operating budgets? Explain your answer thoroughly.
Problem 6. Summarize the advantages and disadvantages of leasing. Provide an example in your response.
Problem 7. What are the limitations of the internal rate of return method and the problems with the payback method?
Problem 8. What are some reasons that capital asset acquisition decisions receive particular attention?