ECONOMICS
FEDERAL RESERVE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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interest
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national defense
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Social Security
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Medicare
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Detailed explanation-1: -The government spend the largest portion of its revenue on national defense, Social Security, Medicare, and Medicaid, and programs to support those unable to support themselves. inflation. Which of the following is the single largest federal expenditure? local government.
Detailed explanation-2: -Almost half of all federal government revenue comes from individual income taxes. Federal government revenue sources include individual income taxes, payroll taxes, corporate income taxes, excise taxes, estate taxes, gift taxes, customs duties, and fees.
Detailed explanation-3: -19 % Social Security. 15 % Health. 14 % Income Security. 12 % National Defense. 12 % Medicare. 11 % Education, Training, Employment, and Social Services. 8 % Net Interest. 4 % Veterans Benefits and Services. More items
Detailed explanation-4: -$39.91 Billion. on Agriculture. $25.77 Billion. on Transportation. $5.45 Billion. on Energy.