Questions:

Read The Economic and Deficit Implications of President Clinton's FY 1998 Budget, by John S. Barry and William W. Beach.

1. Provide a brief discussion of the methodology employed in this study.
2. What is the projected impact of the proposed 1998 budget on investment spending (as compared to the status quo)?
3. Using this document, and the discussion in your text, to explain why the 1998 budget is projected to have this effect on investment.