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Federal Budget and Government Expenditure

Authored by Jeanne Adams

Social Studies

12th Grade

13 Questions

Used 1+ times

Federal Budget and Government Expenditure
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who prepares the federal budget?

the Senate

the House of Representatives

the President

the Congressional Budget Office

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a federal government expenditure?

medicare

transportation

Social Security

higher education

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How big is the federal debt?

thousands of dollars

millions of dollars

billions of dollars

trillions of dollars

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of an entitlement payment?

federal money given to a contractor in exchange for military uniforms

federal money given to a senior American as a Social Security payment

federal money spent to pay interest on the federal debt

federal money spent to build a new public highway

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A 12-month financial planning period that may or may not coincide with the calendar year.

fiscal year
annual period
budget year
financial cycle

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Law that sets federal money aside for a specific purpose.

allocation law
appropriation law
reserved law
budget law

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Part of economy made up by private individuals and businesses.

state sector
government sector
private sector
public sector

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