Please answer correctly & entirely the following 1.) Transfer payments are inclu
ID: 1219830 • Letter: P
Question
Please answer correctly & entirely the following1.) Transfer payments are included in the government budget deficit but not included in the government purchases component of GDP.
True or False
2.)The budget of an economy is said to be in deficit when:
A. Federal outlays exceed revenues B. Anticipated inflation rate exceeds its actual rate. C. There is a loss of value of a country's currency with respect to one of more foreign reference currencies. D. Federal revenues exceed outlays
3.) Problems with the federal government budget process include:
A. Short review period for congress that results in poor choices in funding programs. B. An overly detailed buffer that allows Congress to reward friends, thereby did coughing restraint on spending C. Tough choices to be made by Congress each year on which entitlement programs will receive full support D. The constitutional requiremeant of Congress to balance the budget on an annual basis.
4. A possible explanation for the persistence of the U.S. Federal budget deficits is that: A. The economy naturally tends toward recessions B. It is easier politically to increase government spending than to increase taxes. C. It is easier politically to go decrease government spending than to decrease taxes. D. It is easier politically to increase government spending than to decrease taxes
5.) the national debt: A. Measures the amount by which government revenues exceed outlays in a particular year. B. Is a stock variable measuring the net accumulation of past deficits. C. Includes the projected liabilities of Social Security, Medicare, and other retirement programs. D. Is a flow variable measuring the net accumulation of past deficits.
Please answer correctly & entirely the following
1.) Transfer payments are included in the government budget deficit but not included in the government purchases component of GDP.
True or False
2.)The budget of an economy is said to be in deficit when:
A. Federal outlays exceed revenues B. Anticipated inflation rate exceeds its actual rate. C. There is a loss of value of a country's currency with respect to one of more foreign reference currencies. D. Federal revenues exceed outlays
3.) Problems with the federal government budget process include:
A. Short review period for congress that results in poor choices in funding programs. B. An overly detailed buffer that allows Congress to reward friends, thereby did coughing restraint on spending C. Tough choices to be made by Congress each year on which entitlement programs will receive full support D. The constitutional requiremeant of Congress to balance the budget on an annual basis.
4. A possible explanation for the persistence of the U.S. Federal budget deficits is that: A. The economy naturally tends toward recessions B. It is easier politically to increase government spending than to increase taxes. C. It is easier politically to go decrease government spending than to decrease taxes. D. It is easier politically to increase government spending than to decrease taxes
5.) the national debt: A. Measures the amount by which government revenues exceed outlays in a particular year. B. Is a stock variable measuring the net accumulation of past deficits. C. Includes the projected liabilities of Social Security, Medicare, and other retirement programs. D. Is a flow variable measuring the net accumulation of past deficits.
Please answer correctly & entirely the following
True or False
2.)The budget of an economy is said to be in deficit when:
A. Federal outlays exceed revenues B. Anticipated inflation rate exceeds its actual rate. C. There is a loss of value of a country's currency with respect to one of more foreign reference currencies. D. Federal revenues exceed outlays
3.) Problems with the federal government budget process include:
A. Short review period for congress that results in poor choices in funding programs. B. An overly detailed buffer that allows Congress to reward friends, thereby did coughing restraint on spending C. Tough choices to be made by Congress each year on which entitlement programs will receive full support D. The constitutional requiremeant of Congress to balance the budget on an annual basis.
4. A possible explanation for the persistence of the U.S. Federal budget deficits is that: A. The economy naturally tends toward recessions B. It is easier politically to increase government spending than to increase taxes. C. It is easier politically to go decrease government spending than to decrease taxes. D. It is easier politically to increase government spending than to decrease taxes
5.) the national debt: A. Measures the amount by which government revenues exceed outlays in a particular year. B. Is a stock variable measuring the net accumulation of past deficits. C. Includes the projected liabilities of Social Security, Medicare, and other retirement programs. D. Is a flow variable measuring the net accumulation of past deficits.
Explanation / Answer
Q1
Ans: true
Because its TR payment not purchase