The federal budget passed by Congress and signed by the president shows the relationship between budgeted expenditures
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The federal budget passed by Congress and signed by the president shows the relationship between budgeted expenditures and projected revenues. Why does the budget require a forecast of the economy? Under what circumstances would actual government spending and tax revenue fail to match the budget as approved?
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Certain expenditure items are not under congressional control they are set by existing laws Entitlem...View the full answer
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Related Book For 
Economics A Contemporary Introduction
ISBN: 9781305505469
11th Edition
Authors: William A. McEachern
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