What Share Of Gdp Is Spent By The Governments In The United States 2

Home Assignment #1

Chapter 1

1. What
   Share of GDP is spent by the governments in the United States? How is this
   divided among federal, state, and local government? 
2. 
   
3. Trace
   the history of government spending in the United States in the Twentieth
   century.How do you account for the large increase in the size of the
   government? Do you view this growth as desirable or undesirable?  
5. What
   are the major activities undertaken by the federal government? How have
   these activities changed since 1960? Does this indicate a conscious shift
   in the priorities of government? Do you view these changes as desirable or
   undesirable? 

1. It
   has sometimes been suggested that the government’s budget reflects goals
   and priorities of government. Government spends more in areas that it
   views as important as it does in areas that have lower priority. Does the
   government’s budget accurately reflect the priorities of government? Are
   the government’s priorities what you think they should be? If you could
   alter the government’s budget, what changes would you make? 

1. In
   a democracy, the government’s decisions are made by majority rule. Is
   majority rule a good method for allocating resources? What are advantages
   and disadvantages of allocating resources by majority rule? When would
   majority rule allocation of resources be most appropriate, and when would
   it be least appropriate?