which would you most likely find a smaller a smaller amount of in a governments budget than in a personal household budget? a. the percent of total income that goes towards national defense and health care b. the percentage of people affected by the budget who are responsible for making it c. the number of dollars of income and revenue the budget is considering d. the number of things the budget is planning on spending money on
A situation in which income exceeds expenditures. The term "budget surplus" is most commonly used to refer to the financial situations of governments; individuals speak of "savings" rather than a "budget surplus." A surplus is considered a sign that government is being run efficiently. A budget surplus might be used to pay off debt, save for the future, or to make a desired purchase that has been delayed. A city government that had a surplus might use the money to make improvements to a run-down park, for example...SO THE ANSWER WOULD BE A
@bb24
Thank you! can you please help me with one more? @lily222
OFCOURSE @bb24
which of the following is true about the U.S. federal governments ability to borrow money? a. elected officials in the federal government can prove to voters that they are responsible for paying back government debts on time b. the constitution forbids the federal government from raising taxes so the government needs to borrow money to cover the expenses of the services it provides c. the federal government can put money back into the economy during times of economic hardship without raising taxes d. purchases of goods and services the government makes on credit can be insured by credit card companies unlike items purchased with taxpayers dollars @lily222
The federal government then must borrow money to fund its deficit spending. ... Both of these factors are affected by the state of the economy as well as by the ... To finance the debt, the U.S. Treasury sells bonds and other types of ... There is an ongoing debate as to whether the government should limit its ability to borrow......SO THE ANSWER IS B...
@bb24
Thank you so much!
no problem :0 @bb24
Join our real-time social learning platform and learn together with your friends!