Distinguish between fixed-ceiling budgeting and open-ended budgeting. Discuss the impetus for budget cutback, the tactics used in dealing with budget shortage, as well as the roles and effects of budget cutback. What factors should be considered by a government in reducing the size of government through privatization?

Responses to the questions should be in essay format. Your answers must show originality, be straight to the point and not be more than 3 double-spaced pages to a question.

Distinguish between fixed-ceiling budgeting and open-ended budgeting. Discuss the impetus for budget cutback, the tactics used in dealing with budget shortage, as well as the roles and effects of budget cutback. What factors should be considered by a government in reducing the size of government through privatization?

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