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What is most easily be removed from a budget if spending is higher than income?
Wiki User
∙ 11y ago
discretionary spending
Wiki User
∙ 11y ago
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What can most easily be removed from a budget if spending is higher than income?
Discretionary spendingDiscretionary spendingDiscretionary spending
What can be removed from a budget if spending is higher than income?
Discretionary spending
An unfavorable activity variance for a cost indicates that spending was higher than it should have been for the actual level of activity for the period true or false?
False
It is ethical or practical to submit a budget for an amount higher than the costs expected to be incurred?
It happens all the time. Every department has items that would be nice to have and in fact would help the department run better. Those dreams are submitted in the budget. The budget also lists the items which are necessary to continue at last years level. Every hospital needs more equipment. Every sheriffs' department needs more cops. Every library needs more books.
Once all unnecessary expenses have been removed from your budget what can you do if your expenses still exceed your income?
Work overtime or get another job.
What can be easily be removed from a budget if spending is higher than income?
Discretionary spendingDiscretionary spendingDiscretionary spending
What can most easily be removed from a budget if spending is higher than income?
Discretionary spendingDiscretionary spendingDiscretionary spending
What can be removed from a budget if spending is higher than income?
Discretionary spending
When government spending is higher than government revenue it is called?
Over expenditure
What was the Production Budget for Higher Ground?
The Production Budget for Higher Ground was $1,800,000.
What is Crowding In in economics?
Definition: finance governmental deficits' spur to investment: the theory that a country's budget deficit in periods of economic depression can lead to higher private investment because it brings higher government spending and monetary growth
What is the budget of Oklahoma State Regents for Higher Education?
The budget of Oklahoma State Regents for Higher Education is 386,000,000 dollars.
What does fisical policies deal with?
In economics, fiscal policy is the use of government spending and revenue collection to influence the economy. Fiscal policy can be contrasted with the other main type of economic policy,monetary policy , which attempts to stabilize the economy by controlling interest rates and the supply of money. The two main instruments of fiscal policy are government spending and taxation. Changes in the level and composition of taxation and government spending can impact on the following variables in the economy: * Aggregate demand and the level of economic activity; * The pattern of resource allocation; * The distribution of income. Fiscal policy refers to the overall effect of the budget outcome on economic activity. The three possible stances of fiscal policy are neutral, expansionary and contractionary: * A neutral stance of fiscal policy implies a balanced budget where G = T (Government spending = Tax revenue). Government spending is fully funded by tax revenue and overall the budget outcome has a neutral effect on the level of economic activity. * An expansionary stance of fiscal policy involves a net increase in government spending (G > T) through rises in government spending or a fall in taxation revenue or a combination of the two. This will lead to a larger budget deficit or a smaller budget surplus than the government previously had, or a deficit if the government previously had a balanced budget. Expansionary fiscal policy is usually associated with a budget deficit. * A contractionary fiscal policy (G < T) occurs when net government spending is reduced either through higher taxation revenue or reduced government spending or a combination of the two. This would lead to a lower budget deficit or a larger surplus than the government previously had, or a surplus if the government previously had a balanced budget. Contractionary fiscal policy is usually associated with a surplus. Fiscal policy was invented by John Maynard Keynes in the 1930s.
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 does crowding out mean?
Increased government spending results in higher interest rates which puts downward pressure on investment 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 does fiscally conservative mean?
Fiscal conservatives are in favor of a balanced budget and less government spending. In today's political climate this means a reduction in the national debt, along with fewer government services, probably including higher taxes to pay for commitments already made. Sometimes people of a conservative bent may actually be less fiscally conservative than more liberal people. That is because conservatives will dedicate more of their budgets to the armed forces and law enforcement, sometimes unbalancing the budget in the process. A more politically liberal person may actually be fiscally conservative if they are in favour of balancing the budget and reducing government spending by slashing the defence budget.
