Current Federal Deficit Federal Debt Budget Approved by Congress Assignment

User Generated

Nfuyrltra

Mathematics

Description

  • Using only websites ending in .gov, report the current GDP, the current Federal deficit, the current Federal debt, and the bottom line of the current (last) budget approved by Congress (surplus or shortage). Note that the fiscal year for the federal government is October 1 - September 31.
  • What inference can you draw from the numbers collected?

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Explanation & Answer

Attached.

Running Head: PRINCIPLES OF FINANCE

Principles of Finance
Name
Institutional Affiliation

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PRINCIPLES OF FINANCE

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Principles of Finance
Statistics from the US Bureau of Economic Analysis indicate that the Gross Domestic
Product of the country rose by +2.2% in the fourth quarter in 2018. The US federal budget
deficit for the fiscal y...


Anonymous
I was having a hard time with this subject, and this was a great help.

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