« previous next »

Author Question: The federal government's major outlay in its budget is_______ and its major source of revenue is ... (Read 38 times)

dbose

  • Hero Member
  • *****
  • Posts: 597
on: Jun 29, 2018
The federal government's major outlay in its budget is_______ and its major source of revenue is _______.
 
  A. debt interest; sales of government bonds
  B. expenditure on goods and services; taxes on goods and services
  C. Social Security and other benefits; personal income taxes
  D. subsidies to farmers; corporate taxes

Question 2

A corporation is owned by its
 
  A) employees. B) stockholders. C) CEO. D) board of directors.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Brenm

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 29, 2018
Answer to Question 1

C Social Security payments are the major part of the govern-ment's transfer payments, which is the largest outlay item. On the revenue side, personal income taxes slightly exceed Social Security taxes in revenue collected.

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

The trilobite body is divided into three major sections The trilobite body is divided into three major sections
The Sleep/Waking Flip-Flop According to Saper et al. (2001), the major sleep-promoting region (the v The Sleep/Waking Flip-Flop According to Saper et al. (2001), the major sleep-promoting region (the v
The Major Subcortical Connections of the Hippocampal Formation The Major Subcortical Connections of the Hippocampal Formation
Population of Major Civilizations of Europe, Asia, and Africa, AD 1500 Population of Major Civilizations of Europe, Asia, and Africa, AD 1500
Pollution in the Industrializing Nations has become a major problem. The air in Beijing is hazardous ... Pollution in the Industrializing Nations has become a major problem. The air in Beijing is hazardous ...
Major Effects of Thyroid Hormone in the Body Major Effects of Thyroid Hormone in the Body
Video: Neuron structure and function - sensory neurons, association neurons & motor neurons

For a complete list of videos, visit our video library