Question

In: Finance

Do you think the Federal Government would function differently if it had to show expenditures to...

Do you think the Federal Government would function differently if it had to show expenditures to the public?

Solutions

Expert Solution

Federal government will be functioning differently if it has to show expenditure to public because then it would be accountable to the public disclosure and it will be trying to cut on unnecessary expenses in order to form an impression to the public that it is a responsible Government and it is trying to explain the public money in the proper way in order to reduce the equality of the income in the society.

Federal government would be trying to use the public money in the best possible way which will be more on the public expenditure program which will be undertaking a larger section of society and benefiting them in order to reduce the income inequality in the economy.

Federal government will be more accountable and it will always be trying to increase its expenditure towards the public because it will be helping this government in order to attract the votes in the elections because a higher responsible government who is trying to allocate high amount to the public expenditure will be generally gaining a lot of public following and will be having a upper hand in the elections

It will also increase the transparency and public disclosure mechanism in the economy in a better way and it will help the government to fix its own accountability to expand the public money in a better way so that various sections of society can be benefited and principles of equality can be maintained.


Related Solutions

Why do you think government expenditures as a percentage of GDP have increased in the U.S....
Why do you think government expenditures as a percentage of GDP have increased in the U.S. and other countries?
do you think it is correct policy that the federal government is not required to finance...
do you think it is correct policy that the federal government is not required to finance all of its expenditures with tax revenues and is allowed to borrow ? what are the implications of this policy ?
What do you think the Federal Government needs to do to minimize the bad impacts that...
What do you think the Federal Government needs to do to minimize the bad impacts that result from Corporate activities? Remember, the Constitution gives the Federal Government the authority over interstate commerce, not the states. How could those policies and regulations be structured to retain the benefits that come from Corporations
“what’s the largest source of federal government expenditures”
“what’s the largest source of federal government expenditures”
Do you think the current balance of power between the Federal government and the states is...
Do you think the current balance of power between the Federal government and the states is appropriately balanced, or is it imbalanced in one way or the other? Explain why you think so, and, if you think they are imbalanced. Explain in which direction you think they are imbalanced.
What do you think is the proper role of the state and federal government in fostering...
What do you think is the proper role of the state and federal government in fostering alternative energy sources?
If the federal government is balanced and government expenditures remain constant a decrease in GDP will:
If the federal government is balanced and government expenditures remain constant a decrease in GDP will:
What responsibility do you think the federal government has for funding programs for the prevention and...
What responsibility do you think the federal government has for funding programs for the prevention and treatment of HIV infection? Do you think the government should pay for national prevention programs or increase financial aid to cities bearing the medical costs of caring for people with HIV?
Answer in short essay. which branch of the Federal Government do you think is the most...
Answer in short essay. which branch of the Federal Government do you think is the most powerful, why? Alexander Hamilton called fhe Supreme Court the "least dangerous branch" why?
Do you think leaders in the Federal Government care about Net Present Value or Return on...
Do you think leaders in the Federal Government care about Net Present Value or Return on Investment?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT