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Final answer:
The federal budget's main goal is to decide how to manage the government's tax revenue and expenditures, ensuring stable prices, full employment, and economic growth. Fiscal policy, determined by Congress and the executive branch, plays a key role in achieving economic goals through the federal budget.
Explanation:
The main goal of the creation of the federal budget is to decide how to manage the government's tax revenue and expenditures. The federal budget serves as a roadmap for the upcoming year, outlining which programs will receive funding and how much money will be allocated to each.
Stable Prices, full employment, and economic growth are some of the broad economic goals the federal government aims to achieve through the federal budget.
Fiscal policy, which involves government spending and taxes, is determined by the Congress and the executive branch through the creation of the federal budget.
Learn more about Federal Budget here:
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