Answered: Government spending is divided into all…

Government spending is divided into all of the following categories, except: A) welfare spending B) discretionary spending C) mandatory outlays D) interest payments

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Government spending is divided into all of the following categories, except:

A) welfare spending

B) discretionary spending

C) mandatory outlays

D) interest payments

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