The Federal Budget is divided into Mandatory and Discretionary spending. Decide which statement is correct. 1. Social Security is mandatory and interest on national debt is mandatory 2. Military spending is mandatory and interest on national debt is mandatory 3.Interest on national debt is discretionary and Medicare is discretionary 4.Medicare is mandatory and military spending is discretionary.

The Federal Budget is divided into Mandatory and Discretionary spending. Decide which statement is correct. 1. Social Security is mandatory and interest on national debt is mandatory 2. Military spending is mandatory and interest on national debt is mandatory 3.Interest on national debt is discretionary and Medicare is discretionary 4.Medicare is mandatory and military spending is discretionary.

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter17: Federal Deficits, Surpluses, And The National Debt

Section17.3: Why Worry Over The National Debt?

Problem 2YTE

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