(Solved by Humans)-Discuss the relationship between the national economy and
Question
- Discuss the relationship between the national economy and national government fiscal activity. Include in your discussion the government?s role as a distributor of scarce public resources.
- Discuss the roles of the president and Congress in budget determination. When did the president get a role, and why was the president given executive budget authority?
- Why is incremental budget making not used as often as it once was?
- Explain the relationship among monetary and credit controls, budgeting, and ?power politics.?
- What are the possible consequences for the national economy of increased annual deficits, cumulative debt, and threats to not raise the debt ceiling?
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1. The Network did extensive work on the extension and breaking points of local tax
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