ASHFORD ECO 203 Week 5 DQ 1 Balanced Budgets (Old)

ASHFORD ECO 203 Week 5 DQ 1 Balanced Budgets (Old)

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Balanced Budgets

Some states are required to balance their budgets. Is this measure stabilizing or destabilizing? Suppose all states were committed to a balanced budget philosophy and the economy moved into a recession. What effects would this philosophy have on the size of the federal deficit? Respond to at least two of your classmates’ postings

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