11 T-Mobile Wi-Fi 8:22 AM a mathxl.com ECN203-Fall 2017-Online Nick Evans 12/11/

Question

11 T-Mobile Wi-Fi 8:22 AM a mathxl.com ECN203-Fall 2017-Online Nick Evans 12/11/17 8:22 AM Test: Final Exam Submit Test This Question: 1 pt 63of88 (42 complete) This Test: 88 pts possible Issues and Applications, Borrowing Total Discretionary Spending--And More Consider the figure below that shows the percentage of federal tax receipts available for federal discretionary spending. 140 120 998 10062012 2007 2000 2011 2019 2016 The above figure shows that the share of total federal spending on entitements has increased during the past 20 years. This trend has 0 A made clear that fiscal policy had becorne obsolete and only monetary policy should be used O B. required the federal govemment to stop all its discretionary spending. C. D. not adversely affected the government's ability to pay for its discretionary spending affected the governments ability to pay for its discretionary spending after paying for enesemants

Explanation / Answer

Correct Answer:

D

Explanation:

Government spends money as a part of discretionary fiscal policies as well as upon the transfer payments and entitlement. Hence, spending more upon the entitlements reduces the ability of the government to spend upon the other avenues under the fiscal policy. So, the ability of the government is affected.

Related Questions

Navigate

• Browse (All)
• Browse 1
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.