The Budget

Front

Which one doesn't belong in this group? revenue, expenses, outlays, expenditures

Back

revenue

Front

Which of these statements is true? The president controls the federal government's budget. The president can propose a budget plan to Congress. Only the president can introduce tax bills in Congress. Presidential appointees control the federal budget.

Back

The president can propose a budget plan to Congress.

Front

Which one does not belong in the group? Options: revenue, earnings, income, expenditure

Back

expenditure

Front

Sally earned $100 and spent $110 using $10 that she borrowed from her mommy. This is an example of...

Back

deficit spending

Front

Fred earns $40k and pays 10% to the federal government. Henry earns $100k and pays 30% to the federal government in taxes. This is an example of...

Back

progressive taxation