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What level of government are post offices?
Post offices are operated by the federal government.
What percentage of property in California is privately owned?
what percentage of property in California is privately owned
What percentage of the land in the US is under the jurisdiction of the federal government?
Approximately 28% of the land in the US is under the jurisdiction of the federal government, with most of it being located in Western states. This land includes national parks, forests, wildlife refuges, and other public lands managed by federal agencies such as the National Park Service and the Bureau of Land Management.
What Is the single most expensive program in the federal budget?
As of 2021, the single most expensive program in the federal budget is Social Security, which provides retirement, disability, and survivor benefits to eligible individuals. It accounts for a significant portion of government spending, often exceeding other major programs such as Medicare and defense.
What percentage of the federal budget was spent on Medicare in 2007?
In 2007, approximately 13% of the federal budget was spent on Medicare.
What percentage of the federal government spending is allocated to different sectors as shown in the pie chart?
The pie chart displays the percentage of federal government spending allocated to various sectors.
How did government spending affect the economy-?
Federal spending on forgein aid increased demand for U.S goods.
When the Federal government uses taxation and spending actions to stimulate the economy it is conducting?
fiscal policy
What are the two ways the federal government could respond to an increase in the economy?
raise income taxes and decrease government spending
The federal government constitutes approximately what percentage of the US economy?
one half
When changes to taxes and spending occur in the economy without explicit action by the federal government such policy is?
discretionary
What is efforts of the federal government to keep the economy stable by increasing or decreasing taxes and or government spending?
increase taxes and and spend systematically
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.
Which fiscal policy strategy would the federal government most likely use to stablize the economy?
The fiscal policy strategy that the Federal government would most likely use to stabilize the economy during times of inflation is to raise taxes. However, they could also decrease government spending.
What are some major industries in New Mexico?
Oil and gas production, tourism, and federal government spending are important drivers of the state economy.
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 Ron Paul's position on the economy?
Ron Paul believes that the federal government should have minimal involvement in the economy. He supports free markets and low taxes. This means that he would like to cut government spending (first defense/overseas spending, then executive departments, then domestic spending) and repeal the income tax. He also strongly opposes the central-planning Federal Reserve. He believes that the FED should be abolished.
