The federal budget is defined as
A) a monthly statement of expenditure laws passed by the U.S.government.
B) a monthly statement of whether the U.S.government is in deficit or surplus.
C) an annual statement of U.S.government violations of international laws.
D) an annual statement of expenditures and tax revenues of the U.S.government.
E) an annual statement of what policy actions the U.S.government has pursued.
Correct Answer:
Verified
Q1: When tax revenue _ outlays is negative,then
Q2: Q2: If the federal government has a budget Q4: The last U.S.president to be in office Q6: When government outlays exceed tax revenue,the situation Q8: When tax revenue exceed the government's outlays,the Q10: In the United States for the year Q14: If the federal government has a budget Q15: When the government's outlays equal its tax Q17: The government collects tax revenue of $100
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