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olchik [2.2K]
3 years ago
15

Which branch of government holds the power of the purse

Social Studies
2 answers:
Nataly [62]3 years ago
6 0

In the U.S., Congress, or the Legislative branch has the most powers dealing with finances.

Fed [463]3 years ago
4 0

Congress or the legislative branch has the power to collect taxes (power of the purse).

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8. If the government were to give every student a voucher to redeem at any school, it would be intervening through _________. If
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Answer:

Subsidy ; Price Ceiling

Explanation:

Subsidy is the financial assistance by government, to increase a good's availability at cheaper price, to people.

Price Ceiling is the maximum mandated price by government, at which a good or service can be sold in market.

Government giving every student a voucher to redeem at any school : Is a form of financial assistance, which reduces the price paid by students. So, it is an example of Subsidy

Government mandating no tuition fee above $6000 : Is specification of maximum mandated price at which a good or service can be sold. So, it is an example of Price Ceiling.

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Explanation:

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