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3. Explain briefly (in no more than a sentence or two for each part) how the fol

ID: 1095912 • Letter: 3

Question

3. Explain briefly (in no more than a sentence or two for each part) how the following public policies might help raise the US standard of living?

a. The government decides to spend money to improve the quality of primary and secondary school education.

b. The government increases the budget for the National Science Foundation.

c.     The government adopts policies that encourage US households to consume less and save more.

d. The government allows foreigners to build, own, and operate new factories in the US.

e. The government secures property rights so that all citizens can benefit in the future from their investments today.

Explanation / Answer

a. It will enhance the basic standard of education.

b. It will furher open was to research and development n scientific field.

c. It will help to get rid of poverty and future nsurgencies.

d. It will eneate employment opportuniies for U.S citizens.

e. it will encourage the people to invest more n securities and stock and will increase the federal revenue.

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