ich of the following is an example of a "government failure"? Government implementing a balanced budget amendment to get the national debt under control to protect future generations against consequences of accumulated debt. Government spending $56 billion on outdated technology, $1.2M to research social habits of monkeys, $25 billion lost on unreconciled transactions, $100 billion on Medicare overspending. Government enforcing the immigration laws on the books, securing the U.S southern border, protecting U.S. citizens' constitutional rights under the 1st Amendment, 2nd Amendment, etc. All of the answers are correct.

Government collects the largest percentage of its revenue in which of the following ways? A) excise tax B) payroll tax C) corporate income tax D) personal income tax

15. Which of the following is a congressional position or organization? the Department of the Treasury comptroller Budget Oversight Committee the United States Office of Management and Budget (OMB)

The Malaysian government plays a crucial role to ensure fair distribution of income and wealth in society through the implementation of tax-transfer schemes and social safety net programs. Are these fiscal instruments sufficient to address the issue of fair distribution? What constitutes fair distribution?

Government spending on programs such as Social Security and Medicare are included under: discretionary spending emergency spending mandatory spending budget revenues

The government debt is None of these answers is correct. the total accumulation of deficits in the current period. the outstanding stock of bonds that have been issued in the past. equal to total tax receipts. the annual difference between government spending and tax revenues.

taxation is an essential fiscal policy tool for mobilizing resources for socio-economic development and in particular middle country such as Ghana. Discuss?

​An excess of government revenues over expenditures results in a budget deficit  True  False

Government debt in the United States can be categorized a number of different ways. For each debt definition, please indicate all of the scenarios which match that type of debt. The national debt includes Treasury bonds bought by First National Bank of Dallas. the government of China. the Social Security Administration. a citizen of Germany. a little old lady in Peoria.   The public debt includes Treasury bonds bought by First National Bank of Dallas. the government of China. a citizen of Germany. a little old lady in Peoria. the Social Security Administration.   Internally held debt includes bonds owned by the Social Security Administration. First National Bank of Dallas. the government of China. a citizen of Germany. a little old lady in Peoria.   Externally held debt includes bonds owned by the Social Security Administration. First National Bank of Dallas. the government of China. a citizen of Germany. a little old lady in Peoria.