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Econ Chapter 10 Voca

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definition
term
show fiscal year  
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show subsidy  
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show per capita  
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provision that new spending proposals or tax cuts must be offset by reductions elsewhere   show
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transfer payment from one level of government to another that does no involve compensation   show
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show appropriations bill  
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special account used to hold revenues designated for a specific expenditure such as Social Security, Medicare, or highways   show
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show federal budget  
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show private sector  
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show entitlement  
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show budget deficit  
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a line-item budget expenditure that circumvents normal budget procedures and benefits a small number of people or businesses   show
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show mandatory  
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show intergovernmental expenditures  
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show public sector  
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s positive balance after expenditures are subtracted from revenues   show
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payment for which the government receives neither goods nor services in return   show
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show spending cap  
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show national debt  
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show discretionary  
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show balanced budget amendment  
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show crowding out effect  
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show balanced budget  
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show deficit spending  
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power to cancel specific budget item without rejecting the entire budget   show
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show medicaid  
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show social security  
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