Economics Today and Tomorrow, Student Edition
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN: 9780078747663
Author: McGraw-Hill
Publisher: Glencoe/McGraw-Hill School Pub Co
Question
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Chapter 16.2, Problem 5R
To determine

To evaluate how the local, state and national government affect and explaining the statement the policy that are affecting in favor of supporting or not?

Expert Solution & Answer
Check Mark

Explanation of Solution

    Types of government How it affectYes/No
    Local U.S. postal services inspection programs help to prevent mail fraud. Yes
    State Health care is one of the largest areas of spending by state governments. This includes spending on Medicaid and the Children's Health Insurance ProgramYes
    National Works related to military and diplomatic Yes
Economics Concept Introduction

Introduction: The U.S. economy has multiple positions within government. The government invests and makes money, buys goods and services, and hires people, as do other businesses. Federal, state , and local governments directly collect funds through taxes and fees. Often they borrow money from the public through the sale of securities, such as bonds.

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