Which is an example of discretionary spending quizlet?
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return 14. Because trade and commerce are considered national enterprises, states _____. cannot tax imports or exports 15. Which of the following would be a progressive tax? All people pay a 15 percent income tax. 16. The statement "state regulators inspect water supplies and test for pollution" addresses how states dedicate tax revenue toward _____. education 17. The Constitution defines all of the following as limits of the government's power to tax except that _____.
Congress cannot tax church services 18. Congress is not authorized to reduce the cost of entitlement programs by _____. introducing new laws that change benefits 19. Spending on certain programs that is required by existing law is referred to as _____. discretionary spending 20. Most federal mandatory spending is spent on _____. entitlements What is an example of discretionary spending?Discretionary expenses are often defined as nonessential spending. This means a business or household is still able to maintain itself even if all discretionary consumer spending stops. Meals at restaurants and entertainment costs are examples of discretionary expenses.
Which of the following is an example of government discretionary spending quizlet?Which of the following is an example of government discretionary spending? defense spending. expansionary fiscal policy. Spending on programs that ________, such as Social Security and Medicare, is classified as entitlement and mandatory spending.
What are discretionary expenses quizlet?discretionary expense. Costs for goods or services that are nonessential.
Which of the following is an example of mandatory spending quizlet?Mandatory spending is spending that the government is obligated to pay. These uncontrollable expenditures make up about 3/4 of the federal budget. Examples include such entitlements as Social Security and Medicare, as well as interest on the debt.
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