If the Federal Government's Expenditures Are Less Than Its Tax

question 78

Multiple Choice

If the federal government's expenditures are less than its tax revenues,then

• A)a budget surplus results.
• B)a budget deficit results.
• C)the budget is balanced.
• D)No conclusion can be drawn here regarding the budget surplus or deficit without information regarding government purchases versus other outlays.

---

Definitions:

TRICARE

A healthcare program of the United States Department of Defense Military Health System providing health benefits to military personnel, retirees, and their dependents.

Active Service Personnel

Members of the military who are currently serving on active duty and engaged in their duties.

Relative Value Units

A measure used in the United States to value the services provided by physicians and other healthcare providers, using three components: the physician's work, practice expenses, and malpractice insurance costs.

Resource-based Relative Value Scale (RBRVS)

A system used to determine how much money medical providers should be paid, based on the resource costs needed to perform various medical services.