Federal government policies during the 1980s and 1990s have been to
A) shifted budgetary responsibility away from the federal government on both the taxation and the expenditure sides of the ledger.
B) shifted responsibility for expenditure decisions away from the federal government but maintained a national tax base for equity and efficiency reasons.
C) shifted taxation responsibility away from the federal government but maintained control over expenditures to shrink the size of government.
D) shifted responsibility toward the federal government on both the taxation and expenditure sides of the ledger to achieve greater budgetary control.
E) maintained the existing budgetary balance.
Correct Answer:
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Q1: Real transfer payments by the U.S. government,
Q2: Revenue collected by sales and property taxes
Q3: Which of the following is not a
Q4: Federal purchases of goods and services in
Q6: Transfer payments made by governments over the
Q7: The federal deficit of the United States,
Q8: Which of the following reasons might explain,
Q9: Purchases of goods and services by the
Q10: Indexing federal income tax rates to inflation
Q11: The tax elasticity for the federal government
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