Provide an appropriate response.Which of the following will not contribute to maintaining a balanced federal budget?

A. Reducing discretionary spending
B. Large tax increases
C. Increasing Social Security benefits
D. Balancing yearly receipts and outlays


Answer: C

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To calculate the present value of an annuity due the formula is:

Answer the following statement true (T) or false (F)

The future amount of an annuity due is determined 

A. one period after the last cash flow in the series. B. one period before the last cash flow in the series. C. at the same time as the last cash flow in the series. D. one period after the next cash flow in the series.

Decide whether the statement makes sense. Explain your reasoning.Bill is in the 15% tax bracket so the tax he owes will be 15% of his taxable income.

What will be an ideal response?

Which perspective specifically focuses on the relationship between individuals and their physical, cognitive, personality, and social worlds?

A. humanistic B. contextual C. cognitive D. behavioral