Annual revenue and expenditure plans that reflect fiscal policy objectives concerning government influence on economic activity.

Question

Quizplus · Accepted Answer

The annual revenue and expenditure plans that reflect fiscal policy objectives concerning government influence on economic activity are known as the federal budget. The federal budget is a comprehensive plan that outlines the government's priorities for the allocation of public resources, such as taxes and spending, over the course of a fiscal year. The budget can include measures to stimulate economic growth or reduce inflation, depending on the government's objectives. The other choices - budget surplus, budget deficit, and treasure budget - do not adequately describe the comprehensive nature of the federal budget.

Annual Revenue and Expenditure Plans That Reflect Fiscal Policy Objectives