All of the following statements are true except
A) expenditures on goods and services have a downward trend.
B) debt interest has been steadily increasing since 1960.
C) the three components of government outlays are transfer payments, expenditures on goods and services, and debt interest.
D) transfer payments decreased sharply during the 1990s.
E) outlays increased steadily from 1971 through 1985.
Correct Answer:
Verified
Q1: Canada's Federal Budget of 2016 shows
A)a decreasing
Q3: Which of the following would not increase
Q4: What are the main categories of the
Q5: Government debt is
A)the total amount of government
Q6: The category of federal government revenues that
Q7: The largest source of revenues for the
Q8: Fiscal policy is
A)any policy by the Bank
Q9: Which of the following is not a
Q10: Canada's government debt
A)is larger than the value
Q11: If revenues exceed outlays, the government's budget
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