Recall Application 1, "New Methods to Measure the Long-Term Fiscal

Recall Application 1, "New Methods to Measure the Long-Term Fiscal Imbalances for the United States," to answer the
following questions:
-According to the application, why do the federal budget deficit projections not fully portray the long run problems of the United States?

A) The value of tax receipts to be made by the government in the future is expected to go way up as the population ages.
B) The value of payments to be made by the government in the future is expected to go way up as the population ages.
C) The value of payments to be made by the government in the future is expected to go way down as the population ages.
D) The value of tax receipts to be made by the government in the future is expected to stay constant as the population ages.

Correct Answer:

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