Answer:
As Figure A suggests, Social Security is the single largest mandatory spending item, taking up 38% or nearly $1,050 billion of the $2,736 billion total. The next largest expenditures are Medicare and Income Security, with the remaining amount going to Medicaid, Veterans Benefits, and other programs.
its the answer fo the 1st question you can summerize it tho :)
Answer:
As Figure A suggests, Social Security is the single largest mandatory spending item, taking up 38% or nearly $1,050 billion of the $2,736 billion total. The next largest expenditures are Medicare and Income Security, with the remaining amount going to Medicaid, Veterans Benefits, and other programs.
Government spends money for a variety of reasons, including: To supply goods and services that the private sector would fail to do, such as public goods, including defence, roads and bridges; merit goods, such as hospitals and schools; and welfare payments and benefits, including unemployment and disability benefit.
We can distinguish between short term impact (e.g., the development of a temporary medication for an illness for which it can be hoped that soon a more definitive remedy will appear), and the long term impact (e.g. , the discovery of the photovoltaic effect which led to the development of solar voltaic energy).
Explanation:
