Please check my answers
2. What does congressional power of the purse refer to?
A. Congress taxes all individuals who earn money in the US
B. Congress taxes all corporations who make a profit in the US
C. Congress finances the federal government and all its programs
D. Congress supplies money to state and local governments to fund their programs
My answer is a
3. Without significant intervention from Congress what will likely happen to the public debt in the next five years ?
A. It will rise to an all-time high
B. It will decline to an all time low
C. It will stabilize
D. It will continue to fluctuate wildly
My answer is d
1 (D,E,F) Food stamps,medicare,social security
2.(C) congress finances the federal government and all its programs
3.(A) It will rise to an all-time high
100% All correct
Ana Bear <3' is 100% correct^^^^^
1. D E F
2. C
3. A
Ana bear is correct! 100%
2. a - no
3. d - no
Thank you!
100
Ana Bear is still correct!
STILL CORRECT!!! 100%%
Is 2. a and 3. c?
Sorry I'm really struggling with these questions
For Q3, it might help to look up a graph for public debt over the years.
Thank you both so much for your help! I understand it much better now.
You're welcome.
3 was wrong
Let's think about 2. Congress taxes both individuals and corporations. So -- does Congress finance the federal government or state and local governments?
I don't think 3 is C. Like individuals, Congress likes to spend money. Unless it cuts back spending and raise taxes (highly unpopular among a lot of people), the debt will probably rise considerably.