Solved: Why does the budget require a forecast of the economy, Microeconomics

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Why does the budget require a forecast of the economy

Questions:

Question 1:

(The Federal Budget Process) Why does the budget require a forecast of the economy? Under what circumstances would actual government spending and tax revenue fail to match the budget as approved?

Question 2:

(Federal Debt) What has happened to the federal debt since 2008 as measured realative to GDP?

Directions:

In APA format, please no bullet points. Min 75 words each question

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Microeconomics: Why does the budget require a forecast of the economy

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Microeconomics: Why does the budget require a forecast of the economy

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