| Question 10.1 Click on this link http://w3.access.gpo.gov/usbudget/fy2003/pdf/bud08.pdf Read this article paying special
attention to the section on The
Need for a Realistic Budget Window. Comment on whether this, or any other, budget’s deficit/surplus
projections should be taken seriously. Question 10.2 Click on the
this link http://w3.access.gpo.gov/usbudget/fy2003/pdf/hist.pdf Go to the Debt section Note the progression of debt through
time. Note that the tables present data in actual dollar terms, and as a
percentage of GDP. Note that they also break out Debt held by the public. Which of these measures is most valid in
your mind in measuring the importance of government debt? | 
2003 McGraw-Hill Higher Education