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"Discretionary spending is what the President and the Congress decide to spend through annual appropriations bills. Examples include money for such activities as the FBI, the Coast Guard, housing and education, space exploration, highway construction, defense, and foreign aid." Refrence: http://www.whitehouse.gov/omb/rewrite/budget/fy2004/glossary.html

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Explain why a government budget is very difficult to balance?

List some examples of government subsidies.


What are two ways to grow the economy using monetary policy?

There are two basic ways: 1. Increase the government's spending. It is a good way to grow the economy . The money the government spends goes into the economy as wages, profit, and revenue. most government spending adds some money to the economy. The drawbacks to this is that it is very hard to control. Politicians have a knack for spending gobs of money carelessly. If it is not reigned in quickly, it can cause massive inflation, large government debt, and ultimately lead to a need to increase taxes, which brings us to the second way... 2. Cut taxes. It gives money back to consumers and businesses,Also it has one major drawback: unlike outright governemnt spending, it is NOT a quick fix. This is because some of the money will be saved or invested, so it is not spent (and thus given to workers as wages and businesses as revenue) as quickly as government spending. But this reason is also why it is so much more effective than government spending. The market decides where to spend the money from cut taxes.


Does Decreasing government spending usually decrease inflation?

Yes, decreasing government spending can help reduce inflation. When the government spends less, it can lead to lower overall demand in the economy, which can help ease upward pressure on prices. However, the effectiveness of this measure can depend on various factors, including the current economic context and the overall monetary policy in place. In some situations, reduced spending can also slow economic growth, potentially leading to other challenges.


What step did the Britain take to improve its economy?

They decided to nationalize some industries.


What does the government control in a centrally planned economy?

Everything linked to money and production. Firms, taxes are some examples.

Related Questions

What are some examples of flexible expenses?

Flexible expenses are costs that can be adjusted or varied based on individual choices and circumstances. Examples include entertainment expenses such as dining out, subscription services, and travel costs. Other examples are discretionary spending on clothing, hobbies, and personal care. Unlike fixed expenses, these costs can be reduced or eliminated if necessary to manage a budget.


What are some examples of personal spending categories?

Some examples of personal spending categories include groceries, dining out, entertainment, clothing, transportation, housing, utilities, and healthcare.


What are some examples of representative government?

Our government now.


What are some examples of conflicting loyalties?

the government the government


What are some examples of Consumer Discretionary stocks?

* DIRECTTV Group Inc. (NYSE: DTV) * Coach Inc. (NYSE: COH) * Nike Inc. (NYSE: NKE)


Did Obama promise to balance the budget?

No- he has no direct control over the budget. He has no authority to raise taxes or add new taxes. He has some discretionary control over the release of funds and thus controls spending to some extent.


What are some examples of government in the US?

Some examples are th IRS, tax and the court(system).


What were some examples of Confederate Government?

An example of confederate government is Canada. :)


What are some examples of gynarchy government by women?

jordan


What are some examples of limited and unlimited government?

u.s


What are some examples non examples and characteristics of constitutional government?

australia, new zealand


What are some examples of taxes received by the federal government?

stores