Unit 5 Discussion and Assessment
After reviewing the unit materials, please post and respond to the following topics on the course discussion board. Feel free to start your own related posts and respond to other students' postings as well.
- How does a budget deficit differ from the national debt?
- What are the types of lags encountered when using fiscal policy? Which of the types do you think is the most realistic? Explain your reasoning.
- Explain some consequences of pursuing a balanced budget during a severe economic contraction and its implication for the size of a multiplier of your choice.
- How does a budget deficit differ from the national debt?
Complete this assessment to check your understanding of the materials presented in this unit.
Notes:- There is no minimum required score to pass this assessment, and your score on this assessment will not factor into your overall course grade.
- This assessment is designed to prepare you for the Final Exam that will determine your course grade. Upon submission of your assessment you will be provided with the correct answers and/or other feedback meant to help in your understanding of the topics being assessed.
- You may attempt this assessment as many times as needed, whenever you would like.