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What is balanced budget?
A budget for which expenditures are equal to income. Sometimes a budget for which expenditures are less than income is also considered balanced. The concept is often discussed in reference to the federal government.
When federal expenditures exceed federal tax revenues how does the government fund the deficit?
When federal expenditures exceed tax revenues, the government funds the deficit primarily by borrowing. This is done through issuing government securities, such as Treasury bonds, bills, and notes, which investors, including individuals, institutions, and foreign entities, purchase. Additionally, the government can also resort to printing more money, although this can lead to inflation. Ultimately, the accumulated deficits contribute to the national debt.
Consumption Expenditures + Investment + Government Expenditures = _______.?
cfc
What is the major problem of federal bureaucracy?
The major problem of the federal bureaucracy is that it wastes money
What was the major role of the Federal Government?
The main job of the federal government is to "enforce" the laws.
How were major federal-assisted programs defined under the original Single Audit Act?
In 1984 major federal-assisted programs were defined by the SAA as any program for which federal expenditures during the year exceed the larger of $300,000 or 3 percent of such total expenditures.
What is a budget for major investment expenditures called?
Capital Budget is what a budget for major investment expenditures is called.
What are the top ten expenditures of the federal government and the amount?
yee haw!
What is one of the largest Federal Budget Expenditures?
Social Security
A federal budget deficit exists when?
The federal government purchases exceed net taxes.
Federal agricultural assistance payments to North Carolina farmers are an example of?
expenditures.
Which of the fiscal tools would the government use to get the economy out of a recession?
Increase federal expenditures
What is major expenditures?
The five largest expense categories in a spending plan
What is balanced budget?
A budget for which expenditures are equal to income. Sometimes a budget for which expenditures are less than income is also considered balanced. The concept is often discussed in reference to the federal government.
Why does the federal government issue bonds?
The federal government issues bonds, along with short-term notes, for the expenditures required to operate the federal government and to pay off debt that is maturing.
What is the situation called when the federal government’s revenues equal its expenditures in any particular year?
a balanced budget
The Office of Management and Budget is primarily responsible for?
helping the president monitor federal budget expenditures and proposals
