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economics

Date Posted: 20/11/2019
Category: Economics
Due Date: 21/11/2019
Instruction
Directions: Answer each question below by writing a strong paragraph that includes supporting information from the lesson. Please cite your outside resources. A strong paragraph includes a minimum of three to five details from the lesson and is written in Academic English form. For more information on Academic English form, refer to the documents in the Orientation. 1. What does our government do with tax money? How does government affect the business cycle? Income distribution? 2. Who set the rules for our economic system? Identify the different types of laws that are in place to protect our economic system 3. Explain the purpose of anti-monopoly laws. You may need to refer to your additional resources or conduct an internet search. Give specific examples. 4. What is income redistribution? Be specific and provide at least three examples. 5. Through your own experience, by watching the national news, or by reading a newspaper, identify at least 10 ways our government spends our tax money. Identify at least three ways that you benefit from this spending. Be specific.
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