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.

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.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

9. Why do Social Security and Medicare pose problems for the federal government budget? The number of workers who can pay for the retirees is increasing. O Payroll taxes are capped and cannot be raised. O The number of retirees is decreasing. The number of sick people is rising too quickly. O Life expectancy of retirees is increasing. 10. Why do Social Security and Medicare pose problems for the federal government budget? The number of people retiring is increasing. The number of workers who can pay for these retirees is increasing. Life expectancy is decreasing. The number of sick people is rising too quickly. Social insurance taxes cannot legally be raised any further.
Government expenditures, G. and tax revenues, T Refer to the figure below to answer the questions that follow. Surplus G Deficit GDP, GDP, GDP, Real domestic output, GDP level a. The cyclically adjusted budget measures what the federal deficit or surplus would be if the economy reached the of GDP O actual O normal O full-employment O equilibrium
20
3
Suppose real GDP is constant. If the government's fiscal policy objective is to reduce the outstanding public debt, the government must: Have a structural primary budget surplus that is larger than its interest payments on the public debt O b. None of the answers is correct Oc Have a structural budget surplus equal to the outstanding public debt O d. Sell new bonds in the open market
Asap
Solve it correctly with explanation. Not copy paste
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?