Econ: Money (Ch. 10)
Quiz by Cory West
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- Q 1/25Score 0According to the 2019 Federal Budget, discretionary spending accounts for _____ of the GDP291.3%17.2 %16.3%6.3%
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25 questions
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- Q1According to the 2019 Federal Budget, discretionary spending accounts for _____ of the GDP1.3%17.2 %16.3%6.3%60s
- Q2Net interest is the government’s interest payments on debt held by the public, offset by interest income the government receivesTrueFalse60s
- Q3The deficit (or shortage) of the 2019 GDP was ____________, adding debt to you and me in the future.1 billion dollars3 trillion dollars1 trillion dollars3 billion dollars60s
- Q4Gross Domestic Product (GDP) is the dollar value of all final goods and services produced within a country’s borders in one year.TrueFalse60s
- Q5Mandatory spending includes things like medicare, medicaid, and...Social securitydefensenet interestnon-defense60s
