Budget is the plan for obtaining and expending revenue

Assignment Help Business Economics
Reference no: EM13801712

The annual federal budget is the plan for obtaining and expending revenue of the federal government. In a minimum of two paragraphs, describe the source(s) of government revenue and the types of expenditures in the typical federal budget.

Reference no: EM13801712

Questions Cloud

What are the strengths and weaknesses of the tax : Assume that your favourite candidate is proposing a 15 percent flat tax to replace our personal income tax. Analyze the tax and tell whether it is a good tax alternative or not. What are the strengths and weaknesses of the tax?
Calculate the present worth : You are in the process of deciding to buy a car. You found a brand new Hyundai Elantra for $22,000. You read the reviews and they all sound good. You plan to keep it for 5 years. You do some rough calculations on the amount of expenses which includes..
What is the total debt of the government at the end of year : A government starts off with a total debt of $3.5 billion. In year one, the government runs a deficit of $400 million. In year two, the government runs a deficit of $1 billion. In year three, the government runs a surplus of $200 million. What is the..
How much money the lottery commission will end up : In 2004, a Massachusetts woman won 5.6 million dollars in the lottery, which would have paid her an initial gross payment of $283,770 and 19 more yearly payments of $280,000. Instead she sued the lottery commission for a lump-sum payment. How much mo..
Budget is the plan for obtaining and expending revenue : The annual federal budget is the plan for obtaining and expending revenue of the federal government. In a minimum of two paragraphs, describe the source(s) of government revenue and the types of expenditures in the typical federal budget.
Political parties-their roles and functions within system : Major factors in the system of American government are the political parties and their roles and functions within the system. In a minimum of three well-written paragraphs, discuss the roles and functions/purpose of the political parties as they curr..
Describe the constitutional issue : You have studied the judicial branch of government, with emphasis on the Supreme Court, and the rulings they have made which have had wide-ranging effects on everyone in America. Describe the background of each of the two cases – the reason a case wa..
Executive branch of government and the wide range of power : You have studied the executive branch of government and the wide range of power, as well as the various roles of the head of that branch, the president. Consider the presidency of Barack Obama.
Legislative branch of government-wide range of power held : You have studied the legislative branch of government and the wide range of powers held by the House of Representatives and the Senate. List five powers or duties of one or both houses of Congress and discuss each of the five, in a few descriptive se..

Reviews

Write a Review

Business Economics Questions & Answers

  Explain which wealthy person has reservation wage

studies on the comparative work habits of the wealthy tell a different story. Research by professors Mark Aguiar. Explain which wealthy person has reservation wage.

  Reliable estimate of economic growth than nominal GDP

Explain the two approaches that can be used to compute GDP. Why do these two approaches lead to the same value for GDP? Explain why real GDP is a more reliable estimate of economic growth than nominal GDP.

  The main arguments of the article

The review should consist of a summary of the main arguments of the article also an evaluation of the strengths also weaknesses of the article.

  Q1 what is the equilibrium income the marginal propensity

q1. what is the equilibrium income the marginal propensity to import and the trade deficitsurplus if consumption is

  Suppose the economy is in a long-run equilibrium

Suppose the economy is in a long-run equilibrium, as shown in the following graph. Now suppose that a stock market crash causes aggregate demand to fall. Use your diagram to show what happens to output and the price level in the short run.

  Q1 in 2009 it was proposed that the state of nevada create

q1. in 2009 it was proposed that the state of nevada create an entertainment tax that would require the states 25 legal

  Suppose the consumption expenditure

Suppose the consumption expenditure is C = $100 billion + 0.9*Y. Investment (I) is $100 billion, government spending (G) is $50 billion and exports (X) are $100 billion. Imports depend on the level of income as follows: M = 0.1*Y. Calculate the equil..

  Illustrate what suggest about demand elasticity for drugs

Illustrate what does this suggest about demand elasticity for drugs. Could it be that this experiment didn't actually measure elasticity very well and that elasticity is quite large.

  Difference between dynamic efficiency and static efficiency

Compare and contrast the difference between dynamic (intertemporal) efficiency and static efficiency with respect to non-renewable resources. What are the efficiency conditions for each? What costs reflected in the inter-temporal analysis are not cap..

  Varied making expenditures

The GDP is a total market value of final goods and services produced within a country over time. Why is this a reflection of this country's cost of living so varied making expenditures.

  People of china bank wishes to peg rate of exchange

he chinese furniture manufacturers produce high quality early amerian furniture and successfully export large quantities of the furniture to the United States.

  Explain how much will kris''s payments be

if the original amount of loan is for $24000 and interest is 1/2% per month on the unpaid balance, explain how much will Kris's payments be.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd