GDP, the current Federal deficit, the current Federal debt, Finance assignment

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GDP, the current Federal deficit, the current Federal debt, Finance assignment

There are three (3) types of textbook based homework items located at the end of each chapter. These include Discussion Questions (DQ), Exercises (E), and Problems (P). Some homework items have been custom created.

Complete the following homework scenario:

  • Using only.gov Websites report the current GDP, the current Federal deficit, the current Federal debt, and the bottom line of the current (last) budget approved by Congress (surplus or shortage). Note that the fiscal year for the federal government is October 1 – September 31.
  • What inference can you draw from the numbers collected?