Question

The federal budget is a record of the nation’s

fiscal borrowing.
fiscal policy.
fiscal revenues.
fiscal expenditures.
need asap please

Answer 1

The correct answer is fiscal policy

Answer 2

Fiscal policy

Step-by-step explanation:

The federal budget is a record of the nation's fiscal policy, it is the financial plan of the government, in which it estimates the funds needed for the expenses of the following year. The federal budget must be passed and approved by both the Congress and the President, and funds in the federal budget come from taxes. As part of the fiscal policy, if the government spends more money than what it comes in, it creates a budget deficit and it is added to the sovereign debt.