Question

Select the correct answer.

What is a federal budget?
A.
an evaluation of the government's current revenue sources
B.
an estimate of the government's total revenue and spending
C.
a calculation of the amount needed to make the government debt free
D.
a comparison of the government's foreign and domestic earnings
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Answer 1

The answer to this question is option B "an estimate of the government's total revenue and spending." A federal budget is a estimate of the governments total amount of spending and revenue per year. The money is of course made by taxes and helps fund schools, roads, and other public services.

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