How a budget deficit makes future generations worse off, Accounting Basics

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How a budget deficit makes future generations worse off

Problem 1: Explain how a budget deficit makes future generations worse off. Explain how reducing the budget deficit might make future generations better off. Please explain in one hundred and fifty words.

Problem 2: Discuss the difference between monetary policy and fiscal policy. Minimum three point. Explain why monetary and fiscal policy works with a lag? Please explain in one hundred and fifty words. Thank you.

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Accounting Basics: How a budget deficit makes future generations worse off

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Accounting Basics: How a budget deficit makes future generations worse off

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