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Question

"The Budget" Please respond to the following:

• From the first e-Activity, discuss four (4) governmental expenditures that you believe will have a significant impact on your local economy over the next year. 

• Discuss two to three (2-3) challenges an administrator may face when developing and reviewing proposals for budget cuts.

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Solution Preview

1. Investing in Agriculture trade policy and increasing the export by reducing the taxes will have significant impact on the local economy.

2. Investment in local content requirement. Government can invest in making quota under which certain percentage of the product shall be made domestically. It will 

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