• In your opinion, is a high national debt a problem for future economic growth? What is the ideal debt-to-GDP ratio? Research academic sources or refer to the information available through the simulation to support your opinion.
• Government spending increases national debt and can cause a crowding-out effect. Explain what the crowding-out effect is and why it's considered a negative effect of increased government spending. Use information from the textbook to support your analysis.

100% 90% 80% 70% 62% -1% 2031 2050 Savings relative to current law (billions) $ 15020 Your Savings Defense 1340 Investments 580 Social Security 100 Health Care 2240 Domestic 590 Income Tax 2870 Other Taxes 7300