Passed in 1921, the Budget and Accounting Act required
A) Congress to pass an annual budget.
B) Congressional approval before the president could accept foreign funds.
C) the government to operate without a deficit.
D) the government to pay off all its debts.
E) the president to submit an annual budget proposal.
Correct Answer:
Verified
Q15: Before the Civil War, the government issued
A)
Q16: After the fall of the second Bank
Q17: In response to the high costs of
Q18: Which of the following was not an
Q19: What new method did the Wilson administration
Q21: The Budget and Accounting Act created the
Q22: John Maynard Keynes revolutionized economic thought by
Q23: John Maynard Keynes' theories provided a rationale
Q24: Congress lowered the threshold for the income
Q25: Tax collection became easier and governmental cash
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