In response to the 2008 financial crisis, did the Federal Government follow a Sound Finance or Functional Finance approach? Explain. 

  For 2022, would you consider the federal budget deficit morally responsible? Explain.

 Explain why you think the U.S. government has incurred large deficits over the past 15 years.

 

Answer rating: 100% (QA)

Response to the 2008 Financial Crisis The Federal Government primarily followed a Functional Finance approach in response to the 2008 financial crisis ... View the full answer