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How did government spending affect the economy-?
Federal spending on forgein aid increased demand for U.S goods.
Why is it difficult for the federal government to increase or decrease spending?
Because two thirds of all government spending is on entitlements which the government connot easily alter. (by Solomon Zelman)
What is the yearly amount by which federal spending exceeds revenue?
budget deficit.
Almost one-half of federal spending consists of cash and in kind payments to individuals.?
No.
What can the federal government do to try to bring the economy out of recession?
the federal reserve would try to lower nominal interest rate (monetary policy), not part of govt. The federal govt. would stimulate spending, either by lowering taxes or pumping money into the economy and spending more.
Most federal mandatory spending is spent on?
Most federal mandatory spending is spent on entitlements.
What is the largest area of federal spending today?
The largest area of federal spending today is for social security. This is followed by Medicare, and Medicaid. Next in line is defense spending.
How did government spending affect the economy-?
Federal spending on forgein aid increased demand for U.S goods.
What is the Largest area of federal spending?
education
When was the federal government spending largest as a percentage of the economy?
The federal government spending was largest as a percentage of the economy in 2020 due to increased spending related to the COVID-19 pandemic and relief efforts.
What is the fastest growing category of federal expenditures since 1980?
Federal spending by the government, is divided into three different categories. They are mandatory spending, discretionary spending and net interest. The fastest growing of those categories since 1980 is mandatory spending.
What happens if tax revenue of the federal government exceeds spending?
There is a federal budget deficit.
Why is it difficult for the federal government to increase or decrease spending?
Because two thirds of all government spending is on entitlements which the government connot easily alter. (by Solomon Zelman)
What percent of federal spending was mandatory in 2010?
55%
How did the Democrat and Republican agendas differ in the 2012 election?
Democrats wants to increase federal spending in order to stimulate the economy; Republicans wanted to cut federal spending.
During reagans presidency federal spending increased most for?
Ronald Regan increased spending on the military
During Reagan's presidency federal spending increased most for what?
Ronald Regan increased spending on the military
