Answer:
deficit
$13 billion
$7 billion
Explanation:
Much like a cash‑strapped individual may run up a credit card bill or sell a TV set, governments must borrow or sell assets to cover a budget deficit. The government budget constraint summarizes these options.
− = ΔM + ΔB + ΔA
In the equation, is government spending, is tax revenue, ΔM is changes in the money supply, ΔB is bonds sold to the public, and ΔA is assets sold. If government bonds are sold to another government agency, the money supply increases by that amount. If is greater than , there is a budget deficit and the budget constraint will be a positive number.
As the numbers show, Ionia has a deficit of $13 billion.
− = ΔM + ΔB + ΔA
= $6 billion + $4 billion + $3 billion
= $13 billion
Use this deficit and Ionia's government spending of $20 billion to determine tax revenue.
− = $13 billion
= − $13 billion
= $20 billion − $13 billion
= $7 billion
<span>The Pendleton Civil Service Act prohibited giving away positions solely on the basis of political affiliation- so it's not about companies! The "Spoils systems" was a name given to the practice that this act prohibited.
The correct answer is </span><span>The Sherman Antitrust Act - this is the act that prohibited monopolies, which is what unfair advantage is also called!</span>
Answer:
4. A legal division of authority between the national, state, and local governments
Explanation:
Federalism is a form of organization of the State in which <u><em>there is a government that exercises the functions of a centralizing State. But at the same time that there is a central power, there is a division of power between the units that form it. </em></u>These units, when they are united and regulated by a common Federal Constitution, form a Federal State. <u><em>In practice, this form of organization means that there are different poles of administration that are divided within a country. Power is distributed among the territories that form the state.</em></u>