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Arada [10]
1 year ago
9

Since world war ii, the federal government's share of total government expenditures has been between?

Business
1 answer:
Anton [14]1 year ago
5 0

The federal government has accounted for between two-thirds and three-quarters of all government spending since World War II. Since the end of the Korean War in the early 1950s, the federal government's purchases of goods and services as a percentage of GDP have been falling.

Automatic increases and decreases in government expenditure and taxation that follow the economic cycle. The majority of government spending in the United States took place at the state and municipal levels up to the Great Depression of the 1930s.

The federal government has accounted for between two-thirds and three-quarters of all government spending since World War II. Federal Expenditures and Purchases as a Percentage of GDP, 1950–2008.

To learn more about  federal government, click here

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Marta_Voda [28]

Answer:

The independent decisions of individuals in the marketplace determine the answers to the fundamental economic questions.

Explanation:

The study of Economic Science allows us to understand the fundamental premises that govern the functioning of market economies. A market economy operates freely - the decisions of the economic agents are independent - which leads us to understand determining questions, such as how much to produce and how much to employ.

A market economy operates under the logic of the interaction between supply and demand of goods and services, so that companies act in a system of competition, via prices, for market share. Thus, consumers benefit from competition and the role of government is only to ensure the right environment for economic transactions.

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3 years ago
Which type of portfolio might a young investor who is not afraid of risk choose?
SIZIF [17.4K]
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7 0
2 years ago
A business' last line of defense against risks that cannot be controlled or avoided by other risk management practices is this t
natima [27]

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5 0
3 years ago
Check my work Check My Work button is now disabledItem 5Item 5 6 points The aftertax cost of debt: Multiple Choice varies invers
DaniilM [7]

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7 0
2 years ago
A manufacturing department has 50,000 EUP for units completed and transferred out and 4,500 EUP for units in ending inventory. M
ludmilkaskok [199]

Answer:

Value of closing inventory = $ 28,125.00

Explanation:

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= 11,250 + 16, 875

= $ 28,125.00

6 0
3 years ago
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