The PAYGO Budget Requirement Means

question 4

Multiple Choice

The PAYGO budget requirement means:

• A) that only programs generating revenues may be proposed for addition to the executive budget.
• B) that legislation that would increase entitlement spending must be accompanied with an increase in revenue or reduction in spending sufficient to cover the new entitlement spending.
• C) that debt refinancing must be approved by Congress.
• D) that no tax reductions are permitted

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Definitions:

Closing Stock Price

The final price at which a stock is traded during a trading session on a stock exchange.

Mean

The average of a set of values, calculated by adding all the numbers together and dividing by the count of the values.

Standard Deviation

A quantitative assessment that determines the range of difference or dispersion in a collection of data.

Mean

It is the central value of a discrete set of numbers, specifically, the sum of the values divided by the number of values.