Question

a) Figure out what is your Budget Personality.

Go to https://www.futurebudget.org/ and take the quiz listed as Discover your federal budget personality.Links to an

external site. What is your personality? Do you agree with this assessment? Why/Why not? Take a printout of your

results(option 2 below) or embed your results using (option 1) and attach them here. You dont need to share your email

and party affliation!

b) Balance the Budget (6 points)

YOUR CHALLENGE:

Visit https://www.crfb.org/debtfixer Links to an external site.and stabilize the U.S. Debt at a number of your choosing

between 75-90% of GDP by 2032. (10 years from now)

There are seven categories where your choices will affect the debt. Negative numbers next to a choice indicate how

much the debt will be reduced, positive numbers add to the debt. Use the "Next" and "Back" buttons to navigate to

each section; do not use your browser's navigation arrows. Click the "Done" button when finished making all the

choices you want. The bar graph on the right will chart how your choices affect the debt-to-GDP ratio relative to the

80% goal. For more information on any choice simply click the icon to the right of that choice.

As you work through the activity, answer the following.

1. Why did you choose the number that you did? ie why is 75% better than 90% if you chose 75%-what are the long

term consequences?

2. Did you achieve the goal of debt reduction, set by you, of GDP by 2032?

3.What item(s) was the easiest to cut? WHY? What did it affect and how: AD, IS,LM, interest rates, exchange rates?

4. What item(s) was the most difficult to cut? Why? What did it affect and how: AD, IS,LM, interest rates, exchange

rates?

5. Does the current plan proposed by congress meet your requirements? List atleast 2 itesms you agree or disagree

with. You can google this or read this.Links to an external site

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