Bottom-Up Budgeting Differs from Top-Down Budgeting in That the Former

question 47

Multiple Choice

Bottom-up budgeting differs from top-down budgeting in that the former ______.

• A) looks at the size of the budget deficit
• B) looks at the overall picture
• C) emphasizes incrementalism
• D) looks at the budget's role in macroeconomic policy

---

Definitions:

Fixed Payment

Regular, set amounts of money paid or received at specified intervals, such as monthly rent or car loan payments.

Outpatient Basis

Medical treatment or procedures that do not require an overnight stay in a hospital or medical facility.

Infant Mortality Rates

The number of deaths of infants under one year old per 1,000 live births in a given year.

GDP

GDP (Gross Domestic Product) measures the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.