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:

Constrained Resource

A resource in limited supply that restricts a company's ability to meet production demands or goals.

Profitability Order

This term does not refer to a specific accounting or financial metric but generally could mean prioritizing products, services, or projects based on their profitability.

Current Profitability

The measure of a company's current profit levels, often assessed through metrics like net income or operating profit.

Variable Costs

Expenses that vary directly with the amount of output or sales.