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4 January, 06:05

Analyze how federal budget decisions require trade-offs and choices. How would you attempt to balance the federal budget? For example, would the defense budget be reduced to pay for an increase in transportation infrastructure? If so, why?

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  1. 4 January, 07:53
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    By implementing various fiscal policies.

    Explanation:

    The federal budget is designed by predicting the country's economic growth and fiscal policies. If the federal budget is not balanced properly it can lead to an economic slowdown. Various fiscal policies are implemented by the government to balance the federal budget such as taxes. If the defence budget is in surplus it must be cut down to improve infrastructure.
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