Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 4 If the economic assumptions and forecasts of the U.S. Budget are inaccurate, which of the following is most likely to occur? O Projections
Question 4 If the economic assumptions and forecasts of the U.S. Budget are inaccurate, which of the following is most likely to occur? O Projections of expenditures, revenues, and the deficit may be off by a great deal. O Projections of revenue and expenditures will be off by exactly the same amount as the forecasting error. O Projections of revenue and expenditures will not be off by enough to have an impact on total outlays. The impact will not be significant if the error rate is below 5%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started