? What does this exercise tell you about the process of creating a budget plan? Reexamine the budget cuts or increases you made. What problems would such changes pose for a politician facing reelection?

Go to ECON Macroeconomics 4, 4e by William A. McEachern and answer the following from the Problems Appendix in the back of your textbook on pp. 332-333:
Chapter 11: Questions 1, 4, 7, and 9
Chapter 12: Questions 2, 5, and 8

In addition answer the following:
Try your hand at stabilizing the U.S. debt by using Committee for a Responsible Federal Budget Simulation at http://crfb.org/stabilizethedebt/. Read through the “Intro” and click “Next” in order to follow the simulation instructions.
Answer the following questions once you have completed the simulation:
Were you successful in stabilizing the U.S. debt? If not, how much of a deficit or surplus did you end up with? What does this exercise tell you about the process of creating a budget plan?
Reexamine the budget cuts or increases you made. What problems would such changes pose for a politician facing reelection?
This budget simulator allows you only to change spending and tax expenditures over a one-year period. This poses what problems to finding a realistic economic solution?