1 Mandatory outlaysa) cannot be altered once they are made into law.b) require changes in existing laws if those outlays are to be altered.c) are a minor component of total outlays, and so are usually ignored.Od) are another name for discretionary outlays.O e) usually change during the budget process.

The federal funds can be divided into mandatory outlays, and discretionary outlays. The mandatory…

Mandatory outlays a) cannot be altered once they are made into law. O b) require changes in existing laws if those outlays are to be altered. Od are a minor component of total outlays, and so are usually ignored. Od) are another name for discretionary outlays. e) usually change during the budget process.

Mandatory outlays a) cannot be altered once they are made into law. O b) require changes in existing laws if those outlays are to be altered. Od are a minor component of total outlays, and so are usually ignored. Od) are another name for discretionary outlays. e) usually change during the budget process.

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter17: Capital And Time

Section: Chapter Questions

Problem 17.8P

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