What does budget deficitstell you about recent trends


Problem

Go to Federal Reserve Economic Database and look in categories/national accounts for recent data on the U.S. national debt as a percent of GDP and recent figures on budget deficits. What does this tell you about recent trends? Compare the period 1990-2007 to more recent years. Do the figures indicate that we may be returning to a more "normal" situation regarding debt and deficits?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What does budget deficitstell you about recent trends
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