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book Macroeconomics 10th Edition by Roger Arnold cover

Macroeconomics 10th Edition by Roger Arnold

Edition 10ISBN: 978-1111823016
book Macroeconomics 10th Edition by Roger Arnold cover

Macroeconomics 10th Edition by Roger Arnold

Edition 10ISBN: 978-1111823016
Exercise 7
Evaluate each of the following proposals for reform in terms of the material discussed in this chapter:
a. Linking all spending programs to visible tax hikes
b. A balanced-budget amendment stipulating that Congress cannot spend more than total tax revenues
c. A budgetary referendum process whereby the voters actually vote on the distribution of federal dollars to the different categories of spending ( x percentage to agriculture, y percentage to national defense, etc.) instead of letting elected representatives decide
Explanation
Verified
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a. The spending program of government is...

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Macroeconomics 10th Edition by Roger Arnold
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