If tax revenues equal 20 percent of total output and government expenditures equal 10 percent of total output, then there is a Select one: a. government budget deficit. b. trade deficit. c. government budget surplus. d. trade surplus.

The table below presents the tax revenue and spending for the government over five years. a. Under the "Budget Amount" column calculate the annual budget outcome. Instructions: Enter your answer as a whole number. If you are entering a negative number include a minus sign. b. Under the "Budget" column determine whether the annual budget outcome is a budget surplus, budget deficit, or a balanced budget. Government Revenue and Spending Tax Revenue (billions of dollars) $100 400 800 600 200 Year 1 2 3 4 5 Spending (billions of dollars) $300 600 800 200 100 Budget Amount (billions of dollars) Budget (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) a. Under the "Budget Amount" column calculate the annual budget outcome. b. Under the "Budget" column determine whether the annual budget outcome is a budget surplus, budget deficit, or a balanced budget.

Discuss the federal budget of the U.S government. should it always be balanced? when is the most appropriate time economically speaking for the federal budget be in a deficit? as a borrower how is the federal government different from the average U.S adult?

Fiscal policy is spending and taxation of the executive branch of the federal government; in recessionary times, what initiatives in spending and or taxation are going to help the economy?

When the total revenues in the federal government are greater than the total expenses in a given year, the budget: A. is balanced. B. has a profit. C. has a deficit. D. has a surplus.

Explain and expand on How does fiscal discipline help businesses to grow in an economy?

21. Which of the following defines a fiscal policy? a.Commercial bank policies to stabilize domestic output, employment, and the price level b.World Bank policies to stabilize domestic output, employment, and the price level c.Central Bank policies to stabilize domestic output, employment, and the price level d.Government spending and taxes to stabilize domestic output, employment, and the price level

2. Which of the following would not reduce the budget deficit or would notincrease the budget surplus?a. Raising income taxesb. Switching from direct expenditures to tax expendituresc. Selling the Parliamentary buildingsd. Cutting social security payments

The largest single portion of the federal budget is devoted to A. interest payments on the national debt.B. national defense.C. Medicare and Medicaid.D. education.E. Social Security and unemployment compensation.

52. An example of nondiscretionary fiscal policy would be a. The operation of the welfare state b. A federal jobs program adopted to stimulate consumption c. A tax cut adopted to stimulate consumption d. An interest rate cut implemented to stimulate consumption