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Quiz
· The Federal Budget: Taxes and Spending
· 6 of 8
Principles of Macroeconomics
Knowledge Check
Question 1 of 2
What is mandatory spending?
a.
Spending commitments made by representatives during election campaigns
b.
Spending debated each year in Congress, with a bill originating in the House of Representatives
c.
Spending on projects required by the majority party’s platform
d.
Spending required by existing laws for programs that provide benefits to eligible recipients, such as Social Security and Medicare
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