If the federal government has a budget surplus, then it is definitely the case that revenues are rising and government outlays are falling. taxes exceed government spending. government spending exceed taxes. O tax collections are falling and government spending is rising. O spending and taxes are equal.

Q: 1. Which of the following is an example of govemment discretionary spending:  A) Social Security…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Give two arguments why wealthy taxpayers shouldpay more taxes than poor taxpayers

A: 2 arguments that why wealthy taxpayers should pay more taxes than the poor are as follows: ·…

Q: Answer all the questions! 1. What has been the relationship over the past century between the…

A: The term "government revenue" describes the funds that a government receives from a variety of…

Q: What will happen to the amount of taxes collected by the government during a recession when there is…

A: please find the answer below.

Q: The percentage of an increase in income that is taxed is: O a regressive tax. the marginal tax rate.…

A: The percentage of an increase in income that is taxed is the tax rate that applies to the last…

Q: Please answer the following question: 1. What is the largest component of the federal budget? A)…

A: A budget is a document that the government creates that includes a list of all the planned revenue…