Question 17/28> NEXTA BOOKMARK17The two largest areas of federal spending which impact the U.S. budget areTotal Federal Spending 2015: $3.8 TrillionHousing &Community$61.5 billion - 2%Energy &Environment$50.2 billion - 19% 48 bilion-1%International AffairsScience$29.8 billion - 1%Transportation,$85 billion - 2%Education$102.3 bilion - 3%.Social SecurityUnemploymentLaborL$1.275.7 bilion -33%Food & Agriculture.$135.7 biion 4%Veterans Benefits,$160.6 billion-4%Interest on Debt$229.2 bilion -6%MiltaryS609.3 bilion - 16%Medicare & Health$1.051.8 billion-27%PRIORITIES nationalpriotes.orgA Medicare and Veteran AffairsB Social Security and Interest on the debtC Defense and EducationMedicare and Social SecurityDELL

In total federal spending, social security contributes to highest with 33 % and then medicare and…

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Principles of Economics 2e

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Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter30: Government Budgets And Fiscal Policy

Section: Chapter Questions

Problem 38CTQ: Why is spending by the U.S. government on scientific research at NASA fiscal policy while spending...

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