Asked by
Amrit Butter
on Nov 30, 2024
Verified
Which statement is true?
A) Foreign aid is the fourth largest spending item in the federal budget.
B) Nearly half of federal government spending goes for direct payments to individuals.
C) Over half of all federal tax receipts comes from the personal income tax.
D) Defense spending per capita is less than most other industrial countries.
Direct Payments
Cash transfers from governments or organizations to individuals, farmers, or businesses without any requirement for goods or services in return.
Federal Tax Receipts
The income received by the federal government from taxes, used to fund government spending and services.
- Pinpoint the main contributors to tax receipts and the trends in government spending.
Verified Answer
HS
Learning Objectives
- Pinpoint the main contributors to tax receipts and the trends in government spending.