Law Homework Help

University of Phoenix Public Budgeting Theories Discussion

 

I’m studying for my Law class and don’t understand how to answer this. Can you help me study?

Explain why the development of normative and descriptive theories is important for understanding public budgeting. How can these theories be applied to public sector organizations to improve their fiscal efficiency?

How can actions by a state government assist or impair its local governments in times of fiscal stress?   Explain different ways that states could take an active role as a local government nears bankruptcy?