Questions about Government Spending
This week we are discussing Government spending and resource allocation. Yesterday you watched a presentation of a PPT that discussed these topics (https://drive.google.com/file/d/13G6wybPvrziDtzzuhOSrAg3paNE1wsPe/view?usp=sharing). Considering the information you learned, please answer the following questions. As always, please write in complete sentences.
- What is the difference between mandatory and discretionary spending? Give one example of a spending item that fits into both categories.
- If you controlled the budget what spending items would you adjust? Would you eliminate anything or add anything? Would you spend less or more on any one category of spending that was discussed in the PPT?
Go to https://classroom.google.com/u/1/c/NTMzNjMzMDYzMjVa to post your answers.
Posted in Economics and tagged chapter 10, discretionary spending, government spending, mandatory spending by Adam Rauscher with no comments yet.