Solved

Most of the Government Budget Is Mandatory Spending Through Programs

Question 44

Multiple Choice

Most of the government budget is mandatory spending through programs like Medicare and Social Security, and much of the rest is politically difficult to alter. Because of this:


A) fiscal policy is always undertaken only when there is a national crisis that motivates voters to seek change.
B) fiscal policy that involves raising taxes is more likely to be implemented than fiscal policy that involves borrowing money.
C) the amount of spending is unlikely to be implemented as economists suggest.
D) most spending is geared to perform as an automatic stabilizer, so that Congress is in fact largely irrelevant when it comes to providing a fiscal response to a recession.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents