four well-developed paragraphs, discuss U.S. economic policy?

In at least four well-developed paragraphs, discuss U.S. economic policy. Be sure to include the following information in your essay:

Compare and contrast the economic theories of Keynesianism and monetarism.

Explain how a budget deficit is created, how the national debt influences the U.S. economy, and how the federal government attempts to balance the federal budget.

Update:

its a study guide question. i have about 50 more of these left to do (i did over 25 so far). the ones i posted are the ones that totaly stumped me.

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