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Macro Unit 3.8-Fiscal Budget Simulator
By Michael Burbine
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Last updated over 1 year ago
3 questions
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https://archive.econedlink.org/national-budget-simulator/
Make changes to the 2017 Budget based upon your own intuition.
Question 1
1.
After all adjustments, what is your government's total spending? (Total Expenditures)
Question 2
2.
After all adjustments, what is your government's total revenue? (Total Taxes)
Question 3
3.
Which of these apply to you?
Balanced Budget (Revenue = Spending aka Taxes = Spending)
Budget Deficit (Revenue < Spending aka Taxes < Spending)
Budget Surplus (Revenue > Spending aka Taxes > Spending)