[Solved] ________ Is/are the Largest Source of Revenue Collected by the Federal

The majority of dollars spent by government prior to 1970 was spending at the ________ level.Since the 1970s, the majority of spending by government in Canada is spent at the ________ level. A)federal; provincial and local B)provincial and local; federal C)provincial and local; provincial D)local; provincial E)international; local

Which of the following is a government expenditure but is not a government purchase? A)The federal government buys a Hummer for the military. B)The federal government pays the salary of a Canadian Security and Intelligence Service (CSIS)agent. C)The federal government pays out an employment insurance claim. D)The federal government pays to support research on cancer. E)The federal government pays a professional photographer to take pictures of the Prime Minister.

As a percentage of GDP, government expenditures ________ from 1960 to the early 1990s, ________ from 1992 to 2008, and have ________ since 2008. A)rose; fell; risen B)fell; fell; risen C)rose; rose; fallen D)fell; rose; fallen E)rose; rose; risen

Which of the following is the largest category of federal government expenditures? A)health care spending B)transfer payments to individuals C)interest on government debt D)grants to provincial and local governments E)military spending

In the last 5 years, government spending on health care has A)risen dramatically. B)fallen slowly. C)remained relatively constant. D)fallen dramatically. E)been more variable than at any time in the past.

Health care costs are likely to A)decline in the future as more Canadians adopt healthier lifestyles. B)increase as the population ages. C)increase as more people immigrate to Canada. D)decline as the Canadian population gets younger on average. E)decline as Canadians are adopting healthier life styles.

Which of the following is a likely implication of projected changes in government health care spending? A)falling personal income taxes B)falling spending on non-health-related programs C)rising spending on postsecondary education D)falling government borrowing E)rising government revenue

Forecasts of health care spending in Canada suggest that by 2040, health care spending will increase by A)3 percent of GDP. B)8 percent of GDP. C)10 percent of GDP. D)13 percent of GDP. E)42 percent of GDP.

An increase in the money supply is a discretionary fiscal policy that will increase aggregate demand.

Included in government expenditures are government purchases and transfer payments.