SPEA V186 Midterm Exam – Questions With
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president has the authority to line out individual lines in a spending bill before
signing It into law
Choose an answer
1 Changes in Gov't spending 2 Article 1 Section 8
3 line item veto 4 Economic cycle
Don't know?
, Terms in this set (70)
Changes in Gov't spending Mandatory spending is increasing while
discretionary spending is decreasing
Social Entitlement Programs Medicare and Social Security. Two of the biggest
programs taking 61.9% of mandatory spending.
Earmarks/Pork-barrel Congressional "adds" to the budget for specific
congressional districts
Continuing Resolution Allows agencies to function when a new fiscal year
begins before agency appropriation laws have been
approved for the year.
Economic cycle Expansion phase (high production, sales and low
unemployment and interest rates) and then
downturn/recession (unemployment/demand for
credit and interest rates go up and
unemployment/home & car sales go down)
inflation rate rise in overall price level in the economy, i.e. rise in
price of all the goods and services
interest rate Percentage of amount borrowed to be added to the
amount loaned and paid back
How has wealth distribution in the Top 10% of Americans earned 50% of all income
U.S. changed over time? (15% higher than in 1980). Also through marginal
taxes on the wealthy.
Historical appreciation of how we changed fiscal years, created the CBO, established
have changed since founding to discretionary/mandatory spending & deficit targets
today with regards to government
finance
Verified Solutions
Add to calendar
Play your way to mastery with fun games
Match Blocks Charms NEW
Practice questions for this set
Learn 1 /7 Study with Learn
president has the authority to line out individual lines in a spending bill before
signing It into law
Choose an answer
1 Changes in Gov't spending 2 Article 1 Section 8
3 line item veto 4 Economic cycle
Don't know?
, Terms in this set (70)
Changes in Gov't spending Mandatory spending is increasing while
discretionary spending is decreasing
Social Entitlement Programs Medicare and Social Security. Two of the biggest
programs taking 61.9% of mandatory spending.
Earmarks/Pork-barrel Congressional "adds" to the budget for specific
congressional districts
Continuing Resolution Allows agencies to function when a new fiscal year
begins before agency appropriation laws have been
approved for the year.
Economic cycle Expansion phase (high production, sales and low
unemployment and interest rates) and then
downturn/recession (unemployment/demand for
credit and interest rates go up and
unemployment/home & car sales go down)
inflation rate rise in overall price level in the economy, i.e. rise in
price of all the goods and services
interest rate Percentage of amount borrowed to be added to the
amount loaned and paid back
How has wealth distribution in the Top 10% of Americans earned 50% of all income
U.S. changed over time? (15% higher than in 1980). Also through marginal
taxes on the wealthy.
Historical appreciation of how we changed fiscal years, created the CBO, established
have changed since founding to discretionary/mandatory spending & deficit targets
today with regards to government
finance
