Which of the following statements about federal government trust funds is true?
A) Social Security and Medicare are the best-known trust funds.
B) Contributions to trust funds can be used to meet all government obligations.
C) They are general purpose accounts to cover any short-term "good faith" expenses of the government.
D) All of the statements are true.
Correct Answer:
Verified
Q90: If a positive dollar amount results when
Q91: Government borrowing is most closely associated with
Q92: Since 2000 the federal government has primarily
Q93: Generally speaking, over the last 50 years
Q94: Since 2000, federal government budget deficits:
A) were
Q96: Entitlements are:
A) programs such as veterans' benefits
Q97: When speaking of the federal government's budget,
Q98: The unified federal budget:
A) reports all budget
Q99: "On-budget"figures and "off-budget"figures, respectively, are for:
A) current
Q100: Federal government spending programs, such as for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents