Which of the Following Is True

Multiple Choice

Which of the following is true?

A) The budget approved by Congress cannot be modified throughout the fiscal year.
B) The budget submitted by the president cannot be changed by Congress.
C) In a recession, the actual budget is likely to reflect a larger deficit than the proposed budget.
D) The budget submitted by the president can be changed by Congress and the Federal Reserve.
E) Proposed taxes and spending programs will always be the same as actual taxes and spending programs.