An important difference between the federal government’s budget and a personal budget is that only the government’s budget involves __________.

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05-03-2017
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An important difference between the federal government’s budget and a personal budget is that only the government’s budget involves __________.

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Vuk15 Vuk15 · Answer 1 · 2017-03-16T20:54:55+01:00

A personal budget allocates future personal income towards expenses, savings and debt repayment, whereas the government's budget gets revenue by collecting taxes. For example, a federal government collects: 1.Federal taxes (
individual and corporate taxes, capital gains tax, excise (i.e. manufacturing) taxes, social security tax, inheritance and estate taxes) 2.Borrowings and 3.
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I hope this helps, I don't know what specifically does the gap refer to!

averythomas0323 averythomas0323 · Answer 2 · 2020-03-24T19:47:49+01:00

averythomas0323 averythomas0323

24-03-2020

A. making spending decisions in the national interest

CORRECT on e d g e n u i t y

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