The Congressional Budget Office (CBO) is required to produce a forecast of the federal fiscal situation each year. This question uses the version published in January 2019. There is a document entitled "A Visual Summary of The Budget and Economic Outlook 2019 to 2029." Find the relevant figures that help answer the questions below.

a. Is the federal government expected to be in deficit or surplus over the 10-year horizon?

b. In this presentation do outlays include the interest on the debt? Do they include transfers?

c. Is the ratio of debt to GDP expected to rise or fall over the 10 -year horizon?

d. What is the CBO assuming about the term \((r-g)\) in the equation describing the change in the debt-to-GDP ratio?