Question: 1. Explain the difference between federal debt and the deficit. What is the importance of each to the economic health of the nation? 2. Name

1. Explain the difference between federal debt and the deficit. What is the importance of each to the economic health of the nation?

2. Name and briefly discuss four reasons why government creates regulatory policy.

3. What national security arguments are used to justify foreign aid? Why do many Americans reject them?

4. Discuss the views of conservatives and liberals on the trade deficit.

1. Explain the difference between federal debt and the deficit. What is the importance of each to the economic health of the nation?

2. Name and briefly discuss four reasons why government creates regulatory policy.

3. What national security arguments are used to justify foreign aid? Why do many Americans reject them?

4. Discuss the views of conservatives and liberals on the trade deficit.

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