Discretionary spending refers to programs in the U.S. federal budget that:A.are funded by states rather than the federal government.B.can only be funded in periods of economic recession.C.have funding levels controlled by Congress.D.must receive a certain level of funding by law.SUBMITarrow_backPREVIOUS

Discretionary spending is government spending that:A.is not approved by Congress.B.is not required by law.C.uses up a surplus.D.creates a deficit.SUBMITarrow_backPREVIOUS

Discretionary (one word) policy consists of deliberate changes in government spending and taxation designed to achieve full employment, control inflation, and encourage economic growth.

Discretionary fiscal policy refers toMultiple Choicethe authority that the president has to change personal income tax rates.intentional changes in taxes and government expenditures made by Congress to stabilize the economy.the changes in taxes and transfers that occur as GDP changes.any change in government spending or taxes that destabilizes the economy.

Mandatory spending refers to programs in the U.S. federal budget that:A.must receive a certain level of funding by law.B.can only be funded in periods of economic recession.C.have funding levels controlled by Congress.D.are funded by states rather than the federal government.

If a government spends less money than it brings in through taxes in one year, that government has a _____.A.mandatory budgetB.budget surplusC.budget deficitD.discretionary budget