Question

In: Finance

1. Briefly discuss the sub-sectors within the government sector 2. What are the 8 divisions of...

1. Briefly discuss the sub-sectors within the government sector

2. What are the 8 divisions of the congressional budget office?

Solutions

Expert Solution

Answer 1:-

The different sub sectors within the government sector are:-

Infrastructure sectors - This sector includes the roads which includes national highways and public roads, Bridges, tunnels, Municipal constructions like sewers, water reservoirs, electricity grids for supply of electricity and telecommunications, building structures of embassies, national laboratories, military installations, court houses etc.

Transportation :- This includes the public transport like buses, trams and railways

Education:- This includes the government run institutions which includes schools and universities which are funded by the government  

Healthcare:- This sector includes the hospitals and government funded healthcare policies that benefit the pubic.

National monuments, historic places and historic places that are maintained by government along with museums and historic landmarks
Electronic infrastructure which includes polling places, voter registration databases, voting machines are all sub sector of government.

Answer 2:-

The eight divisions of congressional budget office are

1)Budget analysis
2) Financial analysis
3) Macroeconomic analysis
4) Microeconomic studies
5) Tax analysis
6) National security
7) Management, business and information services
8)Health, retirement and long-term analysis


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