Discretionary expenditures account for approximately
A) One-fifth of the federal budget.
B) One-half of the federal budget.
C) One-third of the federal budget.
D) Three-fourths of the federal budget.
Correct Answer:
Verified
Q1: The fiscal year
A)Is the 12-month period used
Q3: In order to reduce the U.S.debt,
A)The government
Q4: The use of government taxes and spending
Q5: With greater deficit spending,ceteris paribus,
A)Aggregate spending should
Q6: If full-employment income and equilibrium income are
Q7: The elements of the federal budget not
Q8: Which of the following policies will reduce
Q9: Deficit spending results whenever the government
A)Issues bonds
Q10: Which of the following is true about
Q11: According to Keynes,an unbalanced budget is appropriate
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