It is difficult to balance the budget every year because:
A) political battles often cause blatant deficit spending that could be avoided.
B) while economic downturns are easy to predict, booms are not.
C) it is hard to get agreement on how to spend discretionary funds.
D) it is unlikely that revenues will exactly equal planned expenditures in any given year.
Correct Answer:
Verified
Q143: A public expenditure that has to be
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Q146: Instead of trying to balance the budget
Q146: Deficits and surpluses are commonly calculated as:
A)debt
Q147: If the federal government brings in $3
Q150: Higher income countries tend to collect _
Q151: The federal debt is _ and the
Q152: An example of entitlement spending is:
A) national
Q158: When a government spends more than it
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