Chapter 16

Question 1

public policy that advocates that the federal budget spend as much money as it receives, attempt made to pass a constitutional amendment mandating this policy failed

Answer 1

balanced budget

Question 2

set up by the Congress, this office evaluates the cost of legislative proposals

Answer 2

Congressional Budget Office

Question 3

emergency spending legislation that prevents the shutdown of any department simply because its budget has not been enacted

Answer 3

continuing resolution

Question 4

the government’s meeting budgetary expenses by borrowing more money than it can pay back

Answer 4

deficit spending

Question 5

money paid directly to the government in the form of income taxes

Answer 5

direct tax

Question 6

money paid to the government as a result of purchased goods

Answer 6

indirect tax