There are two (2) short essay questions that must be answered in APA style. Each essay must be between 300-400 words, and should contain at least one in-text citation from the texbook (Macroeconomics, McEachern). Basically, I'm looking for these two questions to fill one double-spaced page. Each essay should be grammatically correct, contain no punctuation errors, contain no typos, and have proper sentence structure. Each essay must be void of plagiarism.
When summaraizing how federal spending priorities have changed since the 1960's, answer this question:
1) Why does the budget require a forecast of the economy? Under what circumstances wold actual government spending and tax revenue fail to match the budget as approved?
When outlining what has happened to the federal debt in recent decates, and how it compares with debt levels of other countries, answer this question:
2) What has happened to the federal debt since 2008 as measured relative to GDP?