The Majority of Federal Spending Is Comprised of ________ Outlays

question 164

Multiple Choice

The majority of federal spending is comprised of ________ outlays.

• A) interest
• B) discretionary
• C) mandatory
• D) defense
• E) infrastructure

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Definitions:

Supervisory Costs

Expenses associated with overseeing and managing employees, including salaries of supervisors and costs related to training and supervising staff.

Flexible Benefit Plans

Employee benefit programs that allow workers to choose from a variety of pre-tax benefits, tailoring the package to their personal needs.

Economic Value

The worth of a good or service determined by its capacity to provide utility to buyers or the income it generates for sellers.

Personal Finances

The management of an individual's or family's money, including budgeting, saving, investing, and spending.