1) What is mandatory spending (non- discretionary)? 2) What is non-mandatory spending (discretionary)? 3) What are Social Security and Medicare?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter30: Government Budgets And Fiscal Policy
Section: Chapter Questions
Problem 37CTQ: Why are expenditures such as crime prevention and education typically done at the state and local...
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Please answer fast please arjent help and 1.2.3 short answer please answer 

1) What is mandatory spending (non-
discretionary)?
2) What is non-mandatory spending
(discretionary)?
3) What are Social Security and Medicare?
Transcribed Image Text:1) What is mandatory spending (non- discretionary)? 2) What is non-mandatory spending (discretionary)? 3) What are Social Security and Medicare?
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