1. We need to summarize what we’ve learned about the evidence that the US Federal Budget deficit is problematic. To that end, please write a document in MS-Word that shows the data bearing on this subject that we have discovered, but more importantly analyzes the data to draw a conclusion. In other words, the word document should include data (or links to the data), graphs of the most important data, and text to explain the data and draw conclusions.
You are likely to find this a challenging assignment since it requires you to write a joint paper. You need to determine who is going to contribute what, and then select an editor (or editorial team) to knit all the pieces together and make the document coherent in tone. Please email this to me no later than Thursday, February4.
2. One of our tasks is to explore the financial implications of large budget deficits. To that end, please find one nation which has experienced a deficit-based financial crisis for you to explore. Your goal will be write a case study of that nation’s experience. (HINT: You might want to search using the keywords “Sovereign Debt Crisis”.) Please post your choice on the course wiki by classtime Tuesday, February 2. Each of you should select a different country. Your case study will be due at a later date.
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