Much of each year's federal budget is considered "uncontrollable" because
A) It must be spent for purchases,as opposed to transfer payments.
B) Most of the current revenues and expenditures are the result of decisions made in prior years.
C) It is determined by decision makers who do not have the power to change spending and taxes.
D) None of the choices are correct.
Correct Answer:
Verified
Q17: Increases in deficit spending may be accompanied
Q18: When there is excess aggregate demand,the appropriate
Q19: A budget surplus is
A)An excess of government
Q20: Which of the following represents the use
Q21: A progressive income tax system is particularly
Q23: For the convenience of analyzing the part
Q24: Which of the following is most likely
Q25: All of the following contribute to greater
Q26: Fiscal restraint is
A)Tax hikes and/or spending cuts
Q27: Which of the following is an automatic
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