In this activity, you will use the information from the US budget and your knowledge of economics to answer the following questions. Question 1: Analyze this information about the US budget and answer the questions that follow. Part A: What was the total spending on the military?

Respuesta :

Xaioo

Answer:

The total spending on the military in the US budget for fiscal year 2023 is $778 billion. This is an increase of $25 billion from the previous year. The largest portion of the military budget goes to personnel costs, which account for $392 billion. This is followed by operations and maintenance costs, which account for $278 billion. The remaining portion of the military budget is divided among procurement, research and development, and other costs.

The US military budget is the largest in the world, accounting for more than 40% of global military spending. The US has been the world's largest spender on its military for decades, and this trend is likely to continue in the future. The US military budget is a major driver of the US economy, and it supports millions of jobs in the US. However, the US military budget is also a major source of tension in the world, and it is seen by many as a threat to global peace and security

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