Question

Which of the following is not discretionary spending? Which of the following is not discretionary spending? Spending for Homeland Defense Spending for the Department of Defense. Spending for the Social Security benefits. Spending for the Environmental Protection Agency.

          Which of the following is not discretionary spending?
Which of the following is not discretionary spending?
Spending for Homeland Defense
Spending for the Department of Defense.
Spending for the Social Security benefits.
Spending for the Environmental Protection Agency.
        
Show more…

Added by Jonathan G.

Principles of Economics
Principles of Economics
Gregory Mankiw 8th Edition
AceChat toggle button
Close icon
Ace pointing down

Please give Ace some feedback

Your feedback will help us improve your experience

Thumb up icon Thumb down icon
Thanks for your feedback!
Profile picture
Which of the following is not discretionary spending? Which of the following is not discretionary spending? Spending for Homeland Defense Spending for the Department of Defense. Spending for the Social Security benefits. Spending for the Environmental Protection Agency.
Close icon
Play audio
Feedback
Powered by NumerAI
Jennifer Stoner David Collins
Danielle Fairburn verified

Jennifer Stoner and 62 other subject Microeconomics educators are ready to help you.

Ask a new question

*

Labs

-

Want to see this concept in action?

NEW

Explore this concept interactively to see how it behaves as you change inputs.

View Labs

*

Key Concepts

-
Key Concept
Premium Feature
Explore the core concept behind this problem.
Play button
Key Concept
Premium Feature
Explore the core concept behind this problem.
Your browser does not support the video tag.

*

Recommended Videos

-
what-part-of-government-spending-is-excluded-from-gdp-because-it-does-not-correspond-to-goods-and-3

What part of government spending is excluded from GDP because it does not correspond to goods and services currently being produced? a. National defense b. Transfer payments c. Education d. Purchases of police cars

Macroeconomics: Principles, Applications and Tools

Measuring a Nation’s Production and Income

The Production Approach: Measuring a Nation’s Macroeconomic Activity Using Gross Domestic Product

for-each-of-the-following-indicate-which-type-of-government-spending-would-justify-a-budget-defici-2

For each of the following, indicate which type of government spending would justify a budget deficit and which would not. a. Increased federal spending on Medicare b. Increased spending on education c. Increased spending on the space program d. Increased spending on airports and air traffic control

Principles of Macroeconomics

for-each-of-the-following-indicate-which-type-of-government-spending-would-justify-a-budget-defici-3-51935

For each of the following, indicate which type of government spending would justify a budget deficit and which would not. a. Increased federal spending on Medicare b. Increased spending on education c. Increased spending on the space program d. Increased spending on airports and air traffic control

Majid B.


*

Recommended Textbooks

-
Principles of Economics

Principles of Economics

Gregory Mankiw 8th Edition
achievement 1,479 solutions
Principles of Microeconomics for AP® Courses

Principles of Microeconomics for AP® Courses

Steven A. Greenlaw, David Shapiro, Timothy Taylor 2nd Edition
achievement 1,473 solutions
Economics

Economics

Michael Parkin 12th Edition
achievement 1,424 solutions

*

Transcript

-
00:01 Gross domestic product or gdp is the standard measure of the value added created through the production of goods and services in a country during a certain period.
01:04 The four components of gdp are personal consumption, business investment, government spending, and net exports.
01:45 Here we're deciding which one of these would be excluded from gdp because it doesn't correspond to one of these four components.
01:53 A is national defense.
01:55 We would include that because that would be government spending.
01:59 B, transfer payments.
02:01 We're going to circle back to that...
Need help? Use Ace
Ace is your personal tutor. It breaks down any question with clear steps so you can learn.
Start Using Ace
Ace is your personal tutor for learning
Step-by-step explanations
Instant summaries
Summarize YouTube videos
Understand textbook images or PDFs
Study tools like quizzes and flashcards
Listen to your notes as a podcast
Continue solving this problem
Create a free account to:
  • View full step-by-step solution
  • Ask follow-up questions with Ace AI
  • Save progress and study later
Continue Free
Join the community

18,000,000+

Students on Numerade


Trusted by students at 8,000+ universities

Numerade

Get step-by-step video solution
from top educators

Continue with Clever
or



By creating an account, you agree to the Terms of Service and Privacy Policy
Already have an account? Log In

A free answer
just for you

Watch the video solution with this free unlock.

Numerade

Log in to watch this video
...and 100,000,000 more!


EMAIL

PASSWORD

OR
Continue with Clever