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Federal government budget deficit increases

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Reference no: EM131396181

Consider the following brief argument:

If the federal government budget deficit increases, there will be decreased long-run economic growth.

Write a brief essay in which you critique this argument by doing the following:

  • Identify an implicit assumption that is part of this argument.
  • Change that assumption and argue to a new conclusion.
  • Suggest what empirical evidence a scholar might gather to test your alternative argument.

I want to talk about:"If the federal government budget deficit increases, the investment will be decrease. The investment decrease, the capital will goes down. The capital goes down, and the output will also decrease."

Reference no: EM131396181

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