Which of the following categories constitutes the majority of federal outlays in 2016?
A) National defense
B) Interest on the federal debt
C) Social Security,Medicare,and welfare
D) Grants to states and localities
E) Capital expenditures
Correct Answer:
Verified
Q7: The beginning of the formal budget process
Q8: In 2016,interest payments on the national debt
Q9: A spike in "All Other Outlays" of
Q10: In the short run,a surplus federal budget
Q11: In 2016,national defense accounted for almost _
Q13: Which of the following is true of
Q14: The Budget of the United States Government
Q15: In 2016,welfare spending accounted for almost _
Q16: The entire U.S.federal budget process,beginning with the
Q17: The U.S.government's fiscal year extends from:
A)January to
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