Automatic Cuts to Certain Categories of Federal Spending Between 2012

question 89

Multiple Choice

Automatic cuts to certain categories of federal spending between 2012 and 2021 to slow spending growth are known as _____

• A) an annually balanced budget.
• B) a cyclically balanced budget.
• C) crowding out.
• D) crowding in.
• E) sequestration.

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Definitions:

Expected Marginal Benefit

is the anticipated additional benefit or utility obtained from consuming one more unit of a good or service.

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A set of principles and methodologies that economists use to understand, explain, and make predictions about economic processes and behaviors.

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