1 / 5

Ch.10 QQs

Ch.10 QQs. Mrs. Brooke B. Lubin Economics Bolton High School. Ch.10 Sec.3 QQ. In what way is the national debt different from private debt? What best describes the relationship between the federal deficit and the national debt?

helki
Download Presentation

Ch.10 QQs

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Ch.10 QQs Mrs. Brooke B. Lubin Economics Bolton High School

  2. Ch.10 Sec.3 QQ • In what way is the national debt different from private debt? • What best describes the relationship between the federal deficit and the national debt? • What is an example of an entitlement payment? Federal money given OR spent to… • What was the main feature of the Budget Enforcement Act passed in 1990? • What normally decreases the federal deficit?

  3. Ch.10 Sec.1 QQ • The two broad categories of government spending are… • Since the 1930’s, spending by all levels of government as a percentage of GDP has… • Social Security is an example of a… • What are examples of “grant-in-aid”? • What effect does public sector spending have?

  4. Ch.10 Sec.2 QQ • Government health expenditures include a joint federal-state insurance program for low-income persons called… • What accounts for the largest amount of local expenditures? • Who formulates the federal budget? • What role does the OMB play in establishing the federal budget? • What is an example of discretionary spending?

  5. Ch.10 “reading” quiz • What is the name of Chapter 10? • What are the two sectors of the economy? • What is “the annual plan outlining proposed revenues and expenditures for the coming year”? • What is “the spending that must be approved by Congress in the annual budgetary process”? _____________ spending

More Related