Which of the Following Policies Have Been Suggested as Ways

question 64

Multiple Choice

Which of the following policies have been suggested as ways to boost the growth of productivity?

• A)tax cuts to boost saving and investment
• B)reducing the budget deficit by raising taxes and cutting expenditures
• C)increasing public investment in education
• D)redesigning and scaling back the regulatory apparatus of the federal government
• E)all of the above

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Definitions:

Revenue Variance

The difference between actual revenue earned and the budgeted or expected revenue.

Budgeting

The process of creating a plan to spend your money, outlining projected income versus expenses over a period.

Revenue Variance

The difference between actual revenue and expected (budgeted) revenue within a specified period.

Budgeting

The process of creating a plan to spend money over a specific period, allowing individuals or businesses to determine in advance whether they can afford future activities or projects.