Which of the following is part of mandatory outlays? A.Income assistanceB.Defense spendingC.Government employee salariesD.Infrastructure maintenance

Answered: Which of the following is part of…

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter5: Gross Domestic Product

Section: Chapter Questions

Problem 12SQ

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Which of the following is part of mandatory outlays?

Income assistance

Defense spending

Government employee salaries

Infrastructure maintenance

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Step 1

A Outlay happens when Federal cash is really paid out, not simply vowed to be paid ("obligated"). Installments made to exchange a commitment (other than the reimbursement of obligation head or different distributions that are "method for financing" exchanges). Outlays are the proportion of Government spending.

Government outlays incorporate both spending and transfer payments. Accordingly, development of another expressway is a spending thing for the public authority, while joblessness benefits are transfer payments.

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