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7. Describe how the United States federal government supports its economy.

Sagot :

GinnyAnsweridn

Final answer:

The US federal government supports its economy through counter-cyclical spending, infrastructure development, and regulation.


Explanation:

The United States federal government supports its economy in various ways:

  1. Counter-cyclical spending: During economic downturns, federal spending on welfare and unemployment benefits stimulates consumer spending.
  2. Infrastructure development: The government plays a crucial role in developing the physical infrastructure necessary for the economy.
  3. Regulation and protection: The government regulates industries, enforces laws to protect consumers, and promotes national economic goals.

Learn more about Government support for the US economy here:

https://brainly.com/question/11827424


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