Video 2
Answer each question with between 100 and 150 words. Type answers in a separate Word document and upload the file to the dropbox.
1. Discuss the difference between the U.S. federal deficits and the federal debt.
2. Explain the nature of federal expenditutures and why so much of the budget is “uncontrollable.”
3. What is the primary source of government revenues?
Answer each question with between 100 and 150 words. Type answers in a separate Word document and upload the file to the dropbox.