Fiscal Policy Answers

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A new presidential administration takes office, after having made campaign promises to support entitlement programs.One suggestion the new president is most likely to make in the budget proposal is to

A
increase military spending.
B
raise income taxes on all people in the US.
C
increase spending on Social Security.
D
lower corporate taxes.
2
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Examine the pie chart.

Question illustration
A
Social Security and social programs
B
national defense and transportation
C
international aid and veterans’ programs
D
education and managing the nations’ debt
3

[BLANK]

A
expenditure
B
revenue
C
budget

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