How do two administrations work together to craft a seamless transition of power? Learn more about personnel management, policy implementation, and the role of an outgoing president with a transition plan designed for the 2012...

Chapter 7 outlines the manipulation of U.S. economy and role of government as a manager of the economy through fiscal and monetary policy.

By the end of this section, you will be able to do the following: Identify U.S. budget deficit and surplus trends over the past five decades and Explain the differences between the U.S. federal budget, and state and local budgets.

By the end of this section, you will be able to do the following: Differentiate between a regressive tax, a proportional tax, and a progressive tax and Identify the major sources of revenue for the U.S. federal budget.

By the end of this section, you will be able to do the following: Understand the arguments for and against requiring the U.S. federal budget to be balanced and Consider the long-run and short-run effects of a federal budget deficit.

By the end of this section, you will be able to do the following: Explain the U.S. federal budget in terms of annual debt and accumulated debt and Understand how economic growth or decline can influence a budget surplus or budget deficit.

Here is the entire text of Sarah Winnemucca Hopkins' definitive work on the Paiutes and their claims against the U.S. government.

Chapter 1 of Department of State e-book on how the American economy works. This chapter provides an introduction to the content and overview of subsequent chapters.