Author Question: What are the main rules of the Budget Enforcement Act of 1990? What will be an ideal ... (Read 58 times)

SGallaher96 · **on:** Jun 30, 2018

What are the main rules of the Budget Enforcement Act of 1990?

What will be an ideal response?

Question 2

Let represent labor's share of total output. The Solow residual is represented by

A) gy - gN + (1 - )gK.
B) gy.
C) gK.
D) gN.
E) 1/(1 - ).

SeanoH09 · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

The two main rules are: 1 ) it imposed constraints on spending; 2 ) it requires that a new transfer program could only be adopted if it could be shown not to increase deficits in the future.

Answer to Question 2

A