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Is discretionary spending the same as spending on goods and services?
No, 'discretionary' spending is that which you choose to make rather than have to make.
What portion of discretionary spending is typically spent on?
The portion of discretionary spending typically spent on defense varies. If a country is at war, the discretionary spending percentage will be higher for defense.
How does discretionary spending differ form mandatory spending?
mandatory spending refers to money that lawmakers are required by existing laws to spend on certain programs and discretionary spending is spending about which government planners can make choices
What portion of descretionary spending is typically spent on defense?
The portion of discretionary spending typically spent on defense varies. If a country is at war, the discretionary spending percentage will be higher for defense.
Purchases for whatever someone wants?
Discretionary spending
What is the difference between discretionary and non discretionary spending?
Discretionary fiscal policies are those that are enacted in response to a need, for example, a tax cut. Non-discretionary fiscal policies are those that happen regardless of conditions or need, for example, the welfare system.
Is discretionary spending the same as spending on goods and services?
No, 'discretionary' spending is that which you choose to make rather than have to make.
What portion of discretionary spending is typically spent on?
The portion of discretionary spending typically spent on defense varies. If a country is at war, the discretionary spending percentage will be higher for defense.
What are the three most important forms of descretionart spending?
The government expenditure in financing the various aspects of the economy is an example of the discretionary spending.
Is food stamps is an example of discretionary spending?
No, food stamps are not considered discretionary spending; they fall under mandatory spending. Discretionary spending refers to the portion of the budget that is decided through the annual appropriations process, such as funding for education and defense. In contrast, mandatory spending includes programs like food stamps (SNAP), Social Security, and Medicare, which are required by law and do not require annual approval.
How is mandatory and discretionary spending similar?
Mandatory spending - Spending that the Government must spend. Discretionary spending - Spending category through which governments can spend through an appropriations act.
How does discretionary spending differ form mandatory spending?
mandatory spending refers to money that lawmakers are required by existing laws to spend on certain programs and discretionary spending is spending about which government planners can make choices
What can be removed from a budget if spending is higher than income?
Discretionary spending
What portion of descretionary spending is typically spent on defense?
The portion of discretionary spending typically spent on defense varies. If a country is at war, the discretionary spending percentage will be higher for defense.
What are the differences between entitlements mandatory spending and discretionary spending?
Mandatory spending is required by law and the other is not.
Purchases for whatever someone wants?
Discretionary spending
What is most easily be removed from a budget if spending is higher than income?
discretionary spending
