Fiscal Policy: Spending Answers

Spending that is required by law is known as

Which statement best describes the likely effects of an expansionary fiscal policy?

A graph shows the U S Government and Expenditures from 1980 to 2010. The money spent and money received generally follow the same trend, but around 2008, the amount of money spent increased and money received decreased.

A plan for spending money that balances income with spending and shows how money will be spent is

"Meeting the spending targets in this budget meant some very difficult choices."President Barack Obama,2012 Budget Message of the President

Which of the following statements most accurately describes the federal government and its employees?

Revenue and expenditures are sitting on a balance at the same level.

When revenues are higher than expenditures in a budget, that budget

What is the main goal in creating the federal budget?

A graph titled Total U S Government Spending as Percentage of G D P from 1990-2012 has year on the x-axis and percentage of G D P on the y-axis, from 15 to 30 percent in increments of 5. The percentage of G D P is lowest at 18 percent in 2001 and highest at 25 percent in 2009.

Gino is writing a paper about the effects of fiscal policies on the economy. Gino is describing a fiscal policy that aims to improve inflation.How does the policy that Gino is describing most likely affect interest rates and unemployment?

A pie chart titled Federal Government Spending in 2010 is shown. Education and health and human services has the largest piece, and veteran apostrophe s affairs has the smallest piece.

A flow chart shows an aspect of fiscal policy. Money goes from the government, to household, and to firms.

Which of these effects of expansionary spending would a government most want to avoid?

What does deficit spending require a government to do?

Revenue and expenditures are sitting on a balance. Expenditures are lower than revenue.

When governments inject money into the economy, which of the following are their goals? Check all that apply.reducing unemploymentimproving economic stabilityencouraging competitionlaying off striking workersimproving production

A diagram shows that taxes go into the government, which then go into spending.

When a government creates a budget, it is seeking a way to

A graph shows the U S Government and Expenditures from 1980 to 2010. The money spent and money received generally follow the same trend, but around 2008, the amount of money spent increased and money received decreased.