How do the top two categories of federal employment differ from the top two categories of local and state employment?

Q: What do taxes pay for? Schools, government departments, roads, and emergency services…

A: Taxes is the compulsory payment which is levied by government on people or corporations. Taxes is…

Q: Which tax system impacts more on the rich people, and why does it impacts them more?

A: Progressive Taxes is the tax system that impacts more on the rich people. Taxes that are assessed…

Q: Explain and expand on How does fiscal discipline help businesses to grow in an economy?

A: Fiscal Discipline can be defined as a state when there is an ideal balance between the revenue and…

Q: What is deficit, and why is the government willing to do this? What is expected to happen to the US…

A: At the point when a government's expenditures on goods, services, or transfer payments surpass their…

Q: What are the main categories of U.S. federal government taxes?

A: Taxes are the major source of revenue of government. Government collects taxes from the public and…

Q: What are the main categories of U.S. federal government spending?

A: Government spending is a fiscal tool used by government for adjusting the economy.

Q: Excise taxes on tobacco and alcohol and state sales taxes are often criticized for being regressive.…

A: The tax is a unilateral payment made by the people towards the government for various purposes such…

Q: anu power 23. Which of the following forms of federalism favor a strict division between the duties…

A: The U.S. federalism refers to the relationship between the state government and federal government.…

Q: Can you explain how to figure this out? The demand curve moved to the left Showing what the demand…

A: Initially when there were no taxes involved, the equilibrium price which the buyer paid and the…

Q: Below are the goals of fiscal policy: i.         Employment ii.       Economic stability iii.…

A: Answer is given Below

Q: What finances the majority of federal spending?

A: What finances the majority of federal spending? There are various sources of the Federal government…

Q: Should the federal income tax structure be changed 3 reasons why it should be changed. 3 reasons why…

A: For the salaried who have practiced a specific alternative with the business can settle on another…

Q: Who prepares and passes the federal budget?

A: The United States federal budget involves the spending and incomes of the U.S. national government.…

Q: On what basis are taxes levied?

A: On the basis of levying of taxes, they can be classified into 3 categories:   Proportional Tax:…

Q: What is Internal Debt?

A: Internal debt is also known as Domestic Debt

Q: Does the existence of credit market imperfections imply that there is a useful role for government…

A: Credit market imperfections means the financial market with low quality of information about the…

Q: Below are the goals of fiscal policy: i.         Employment ii.       Economic stability iii.…

A: Fiscal policy is the tool used by the government consists taxation and expenditure to achieve the…

Q: If taxes are a cost of doing business and are built into the price of goods and sevices, who…

A: Incidence of tax The incidence of tax refers to the extent to which the consumer or producer…

Q: What are Expansionary and discretionary fiscal policies? Examples to dumb down.

A:

Q: The largest single portion of the federal budget is devoted to A. interest payments on the…

A: Federal budget is divided into various uses, rnaging from education and Medicare to social security…

Q: Which of the following programs are often funded by the payroll tax? Check all that apply. A.…

A: Introduction: Payroll tax is the tax that is withheld, assessed, or imposed on an employer's…

Q: Explain expansionary and discretionary fiscal policy (300 words)

A: Fiscal policies define as the government's policy which is used to control the money supply in the…

Q: Are we passing the national debt burden onto our children? Is this a problem?

A: National debt: It means a total of all debts owed by the government of a country.

Q: According to the pie chart, which of the following provides the most revenue for the federal…

A: As per the pie chart above, the federal tax revenue is $3.18 trillion and is collected/earned…

Q: Which of the following government programs are financed by payroll tax? a) Medicare, food stamps,…

A: A payroll tax is a percentage deducted from an employee's pay that is paid to the government on the…

Q: What Is Fiscal?

A: The discipline Economics includes all the possible changes in an economy and the functioning of an…

Q: Make a graph showing the spending and tax revenue of your state government for as many years as you…

A: Answer is given below

Q: What is government surplus or deficit

A: Equilibrium level of formula;  Y = C + I + G

Q: How can the government utilize the instruments within a fiscal policy to stimulate economic activity…

A: The fiscal policy involves use of different tools to influence the aggregate demand in the economy.…

Q: What is the Small Business Administration (SBA)?

A: Solution: Small Business Administration (SBA): It is an agency of U.S. government that provides…

Q: What are some ways congress has reacted to the expansion of presidential power?

A: To find : Ways congress has reacted to expansion of presidential power.

Q: Research about unitary vs federal type of governm

A: In a country there is an authority that works for the betterment of the people and the economy. This…