Please provide short answers (3-4 sentences) to the following questions.
1.Please provide examples of indirect effects of government intervention in the economy. Are all of the indirect effects of government intervention in the economy unintended effects? Explain
2.Does taxing the wealthy to give benefits to the poor increase social welfare? Explain.
3.What is the role of the Congressional Budget Office (CBO? Why is independence and impartiality important when conducting empirical analysis?
4.How did the composition of federal, state, and local government spending change since 1960? What social and economic factors might have contributed to this change in how governments spend their funds?
