Multiple Choice
Complete the following: _________ spending refers to funds for programs for which funding levels are automatically set by the number of eligible recipients,and Congress sets_________ spending by annual appropriations.
A) entitlement; discretionary
B) discretionary; entitlement
C) deficit; entitlement
D) deficit; discretionary
Correct Answer:
Verified
Correct Answer:
Verified
Q3: The federal government's budget deficit ballooned to
Q4: If the interest rate is 10%,what is
Q5: In January 2001,the Congressional Budget Office (CBO)projected
Q6: The budget process sets which of the
Q7: When the 2001 tax cuts were passed,they
Q9: Suppose that a state legislature votes to
Q10: Some have argued in favor of reducing
Q11: Suppose that the consumer price index fell
Q12: Cash accounting measures the deficit as the:<br>A)
Q13: A balanced budget requires that:<br>A) politicians vote