
Topic 8.3 & 8.4 Quiz
Quiz
•
Social Studies
•
12th Grade
•
Medium
Thomas Edwards
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Government spending that is required by existing laws to spend on certain programs.
Revenue
Discretionary spending
Mandatory spending
Fiscal policy
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
When the government spends more money than it takes in.
Budget deficit
Revenue
Discount rate
Federal funds rate
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Government spending determined by the President and Congress each year in the budget and appropriations process.
Revenue
Discretionary spending
Mandatory spending
Fiscal policy
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Check Understanding The portion of the budget about which lawmakers today make year-to-year spending decisions is approximately
two thirds of the budget.
all of the budget.
one third of the budget.
one half of the budget.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify About how much of the federal government’s discretionary spending currently goes toward defense?
about one eighth
about one fourth
about half
about three fourths
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What problems are associated with high national debt?
Can slow economic growth-lower GDP
Lessens funds available for business investment
More difficult to fund government projects
All are correct
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Teachers are paid through what level of taxes?
federal
local
state
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