4.Using the historical tables from the Budget of the US government, utilize the following website to determine where the US government allocates its expenditures.

The website is http://www.whitehouse.gov/omb/budget/Historicals

A.Examine Table 3.1 on Outlays by Superfunction and Function.

B.Explain what government functions have been capturing growing shares and what functions have been capturing declining shares of government spending in recent years.

C.Select one of the government functions and describe whether it has seen an increase or decrease in government spending over the past 10 to 15 years.For the function you have selected, is it related to the problem of addressing externalities, providing public goods or dealing with other market failures.Does it appear to be related to political functions instead of economic functions?