Problems with the federal government budget process include: O a. budgeting that increases the flexibility of discretionary fiscal policy. b. most of the expenditures being for entitlement programs. c. budgeting that allows the President too much discretion in spending decisions. O d. a budget outline that needs to be approved with at least a two-thirds majority vote. e. a brief budgeting that does not allow Congress to study whether the budget is an appropriate tool for fiscal policy.

Answer this question for me mate. Much appreciated. :)

Suppose the government's present value of current and projected future outlays is 75 percent of GDP and its present value of current and projected future revenues is 50 percent of GDP. What gap does this describe, and what is the size of the gap?   This information describes the _______.     A. fiscal gap, which is 25 percent of GDP   B. generational gap, which is 25 percent of GDP   C. fiscal gap, which is 125 percent of GDP   D. fiscal gap, which is – 25 percent of GDP

9. Make a graph showing the spending and tax revenue of your state government for as many years as you can find (use the government of your home country if you are not from the United States). What trends do you notice? What spending categories make up the largest share of the state budget? What are the largest sources of revenue? e

A Moving to another question will save this response. Question 23 Fiscal policy can move us to equilibrium at Full Employment by O a. these are all possible fiscal policies to bring us to full employment. O b. bailing out troubled industries with special subsidies like the "paycheck protection" during the pandemic. O c. making changes in G, net government spending. O d. changing tax rates people have to pay. A Moving to another question will save this response. tab 1 Q ABA 2 W E R T

2. How should different types of spending be shared between different levels of government?

TRUE - OR - FALSE A federal budget surplus occurs when government expenditures exceed tax revenues. O True O False

Please answer the following question: 1. What is the largest component of the federal budget?A) EntitlementsC) DetenseBi Net interest

4. What have been the various approaches advocated to reform budgeting processes at the state and local levels? 5. What are the five key areas of future state and local budget needs? Which one do you think is the most critical and why? Explain.

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