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The federal budget usually shows a surplus. True or False?
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Solved in 2 steps
- What does fiscal policy include? Which of the following regulation prevent price gouging?How should the government execute Fiscal Policy?When the total revenues in the federal government are greater than the total expenses in a given year, the budget: A. is balanced. B. has a profit. C. has a deficit. D. has a surplus.
- Should the United States government attempt to operate under a balanced budget? Why, or why not?A constitutional amendment has been proposed that would require Congress to balance the budget each year. Is it possible to balance the budget every year? Is it desirable?Do you think taxpayers would be willing to pay higher property taxes if the revenue is earmarked for a specific purpose?
