Government Budget Quiz

What is the term for the government spending that is required to cover about two thirds of the budget?

• Optional spending

• Mandatory spending

• Discretionary spending

• Voluntary spending

Which of the following falls into the category of mandatory spending in the government budget?

• Defense programs

• Education programs

• Transportation programs

• Social Security

What is the term for the government spending that is subject to annual negotiations and accounts for over a trillion dollars annually?

• Mandatory spending

• Discretionary spending

• Entitlement spending

• Voluntary spending

What is the main responsibility of Congress in the government budget process?

• Paying interest on loans

• Splitting up discretionary spending

• Borrowing money from investors

• Covering mandatory spending

Which of the following is a characteristic of discretionary spending in the government budget?

• Allocated through appropriations process

• Subject to preset formulas

• Not subject to annual negotiations

• Accounts for two thirds of the budget