How does the typical state budget process work, and what are the various actors involved in that process?What are the main characteristics of a sustainable budget?What are the main sources of revenues for states and local governments? Is it possible to balance the demands for government services with existing revenue sources?What have been the various approaches advocated to reform budgeting processes at the state and local levels?What are the five key areas of future state and local budget needs? Which one do you think is the most critical and why? Explain.assignment #10be sure to cite your source(s) using APA Style

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Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter18: Six Debates Over Macroeconomic Policy

Section: Chapter Questions

Problem 6PA

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How does the typical state budget process work, and what are the various actors involved in that process?
What are the main characteristics of a sustainable budget?
What are the main sources of revenues for states and local governments? Is it possible to balance the demands for government services with existing revenue sources?
What have been the various approaches advocated to reform budgeting processes at the state and local levels?
What are the five key areas of future state and local budget needs? Which one do you think is the most critical and why? Explain.

assignment #10

be sure to cite your source(s) using APA Style

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4. What have been the various approaches advocated to reform budgeting processes at the state and local levels?

5. What are the five key areas of future state and local budget needs? Which one do you think is the most critical and why? Explain.

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