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Explain role of financial management in public organizations

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1. What are the major sources of financing for the federal government, state government, the health sector, and the not-for-profit sector?

2. How large is total federal, state¸ and local governments spending compared to the U.S. GDP?

3. Are monopolies illegal or does the government sometimes aid in establishment of a monopoly? Defend your response with knowledge you gained from reading Chapter 1.

4. Discuss the role of financial management in public service organizations.

Reference no: EM131287732

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