If the government decreased urban welfare payments by a dollar for every dollar increase in farm subsidies,which of the following is the likely net effect?
A) An increase in the budget deficit because government spending has increased
B) A decrease in the budget deficit because transfer payments are not included in the government's budget
C) An increase in the budget deficit because transfer payments have increased
D) An increase in the budget deficit because farm subsidies are transfer payments but urban welfare payments are not
E) No change in the budget deficit
Correct Answer:
Verified
Q16: The entire U.S.federal budget process,beginning with the
Q17: The U.S.government's fiscal year extends from:
A)January to
Q18: The budget of an economy is said
Q19: The Economic Report of the President is
Q20: The federal budget is:
A)submitted by Congress to
Q22: A continuing resolution is:
A)an agreement that requires
Q23: When a budget is not approved in
Q24: One way of improving the federal government
Q25: Drawbacks of the federal government budget process
Q26: Problems with the federal government budget process
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