The Three Largest Categories of Spending by the Federal Government

question 98

Multiple Choice

The three largest categories of spending by the Federal government in order from first to third would be

• A)income security,net interest,and national defense
• B)national defense,net interest,and income security
• C)income security,health,and national defense
• D)health,income security,and national defense

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Definitions:

Declaration of Value

An official statement indicating the market value of property or goods, often required for insurance purposes or in the context of shipping and customs.

Watches

Portable timepieces designed to be worn or carried, allowing the user to keep track of time.

Warehouse

A large building where raw materials or manufactured goods may be stored before their distribution for sale.

Negligence

A failure to behave with the level of care that someone of ordinary prudence would have exercised under the same circumstances, leading to unintended harm to others.