Discretionary expenditures account for approximately
A) One-fifth of the federal budget.
B) One-half of the federal budget.
C) One-third of the federal budget.
D) Three-fourths of the federal budget.
Correct Answer:
Verified
Q7: With greater deficit spending,ceteris paribus,
A)Aggregate spending should
Q8: In order to reduce the U.S.debt,
A)The government
Q9: If full-employment output exceeds equilibrium output,greater deficit
Q10: A budget surplus is
A)An excess of government
Q11: If full-employment income and equilibrium income are
Q13: If the economy is in a recession,
A)It
Q14: Much of each year's federal budget is
Q15: Which of the following is an argument
Q16: Uncontrollable government spending includes
A)Interest payments on the
Q17: In order to maintain a balanced budget
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