Question
1.The largest component of spending in the federal budget goes towards: Group of answer choices a) national defense purchases b) interest on the debt c)
1.The largest component of spending in the federal budget goes towards:
Group of answer choices
a) national defense purchases
b) interest on the debt
c) social welfare spending
d) foreign aid to developing countries
2. The main U.S. policy to help unemployed workers during the pandemic has been:
Group of answer choices
a) Expansion in income support spending
b) Implementation of a negative income tax with a generous guaranteed income and a low negative tax rate
c) Reductions in sales and property taxes
d) The use of education and training programs to raise productivity
3.A negative income tax program becomes more expensive when:
Group of answer choices
a) The guaranteed income decreases and the negative tax rate decreases
b) The guaranteed income increases and the negative tax rate decreases
c) The guaranteed income decreases and the negative tax rate increases
d) The guaranteed income increases and the negative tax rate increase
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