Which Element of Total Planned Expenditure Is NOT Included in "Autonomous

question 30

Multiple Choice

Which element of total planned expenditure is NOT included in "autonomous planned spending"?

• A)cY
• B)-cT
• C)NX
• D)Ip
• E)a

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Definitions:

Nontaxable

Income or transactions that are not subject to taxation by government authorities.

FICA-OASDI

The part of the U.S. payroll tax that funds the Social Security program, officially called Old Age, Survivors, and Disability Insurance.

FICA-Medicare

Part of the U.S. payroll tax that funds Medicare, providing health insurance to individuals aged 65 and over, and to certain younger people with disabilities.

Federal Income Tax

An annual financial obligation placed on individuals, companies, trusts, and various legal entities by the central government.