Fiscal Policy: Spending Answers

Which of these effects of expansionary spending would a government most want to avoid?

A pie chart titled Federal Government Spending in 2010 is shown. Education and health and human services has the largest piece, and veteran apostrophe s affairs has the smallest piece.

Spending that is required by law is known as

"Meeting the spending targets in this budget meant some very difficult choices."President Barack Obama,2012 Budget Message of the President

Which of the following statements most accurately describes the federal government and its employees?

A diagram shows that taxes go into the government, which then go into spending.

A graph titled Total U S Government Spending as Percentage of G D P from 1990-2012 has year on the x-axis and percentage of G D P on the y-axis, from 15 to 30 percent in increments of 5. The percentage of G D P is lowest at 18 percent in 2001 and highest at 25 percent in 2009.

A plan for spending money that balances income with spending and shows how money will be spent is

What does deficit spending require a government to do?

When a government creates a budget, it is seeking a way to