Which of the Following Is True of Earmarks

question 87

Multiple Choice

Which of the following is true of earmarks?

• A)Though Congress banned earmarks in 2010,members are still able to secure funding for projects in their districts.
• B)They have become an increasingly popular way for members to win favor with their constituents.
• C)They are condemned by members of Congress as wasteful spending.
• D)They are the main reason that public approval of Congress is so low.

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Definitions:

Net Inflow

Net inflow refers to the total incoming resources or capital minus the outgoing resources or capital in a particular time period.

Current Account

A component of a country's balance of payments that includes the trade balance, net primary income, and net secondary income, reflecting the difference between a country's savings and its investment.

Capital and Financial Account

A component of a country's balance of payments that records investment flows and purchasing of domestic firms by foreign investors, and vice versa.