Which of the Following Is True of the Federal Budget

Multiple Choice

Which of the following is true of the federal budget?

A) The federal budget is a plan that describes a government's monetary policy for the current financial year.
B) The federal budget is a plan that describes a government's fiscal policy for the current financial year.
C) The federal budget is a plan that describes the president's take on the economy.
D) The federal budget is a plan for federal government outlays and revenues for a specified period,usually a year.
E) The federal budget is a plan that describes the eligibility criteria of the major entitlement programs taken up by Congress for the current financial year.