Why is governments budget different than household budget


Problem

Answer the followi ng questions about government and deficit..

a. Explain the three distinctive features of government activities according to Heilbroner and Thurow (CCP - 3))??

b. Why is government's budget (aand debt)) different than household budget (aand debt)) according to Hei lbroner and Thurow (CCP - 3))?

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: Why is governments budget different than household budget
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