Author Question: The Budget of the United States Government is officially submitted by: a. the President to Congress ... (Read 61 times)

Pineapplelove6 · **on:** Jun 30, 2018

The Budget of the United States Government is officially submitted by:
a. the President to Congress and contains spending and revenue proposals for the upcoming fiscal year.
b. Congress to the President and contains spending and revenue proposals for the upcoming fiscal year.
c. the President to Congress and contains proposals for tax revenues.
d. Congress to the President and contains proposals for tax revenues.
e. the President to Congress and is reviewed by the Supreme Court.

Question 2

Which of the following statements is true?
a. Income distribution in the United States has gotten progressively more unequal since 1929.
b. The Lorenz curve indicates the degree of discrimination in an economy.
c. The Lorenz curve indicates the degree of income inequality in an economy.
d. The richest 5 of Americans earn approximately half of the nation's income.
e. All of these.