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Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364

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BuyFindarrow_forward

Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364
Textbook Problem

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

To determine

The examples of changes in federal spending and taxes by the government are to be determined.

Explanation

All spending and cost change by Government isn't the bit of monetary strategy and fiscal policy .Augmentation in spending or duty rate is a bit of money related game plan exactly when this is done to get change the current circumstance of economy.

Example when federal spending and tax is not a part of fiscal policy:-

Government spending in US expanded after 9/11, and to back this expanded spending, Government needed to take the sum from its very own wellspring of salary. This spending isn't a piece of monetary approach or fiscal policy spending...

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