In 2009, federal taxes were about _______ percent of GDP.
A) 14.7
B) 25
C) 33
D) 71
Correct Answer:
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Q31: Recall Application 2, "The Confucius Curve?" to
Q32: Fiscal policy shifts the:
A) the short run
Q33: At the end of the 1990s, the
Q34: Because taxes and transfer payments such as
Q35: During the Kennedy Era, the tax cut
Q37: A reduction in government expenditure or an
Q38: An increase in government spending or a
Q39: Maintaining a balanced budget during an economic
Q40: The smallest category of federal spending is:
A)
Q41: As a large proportion of the population
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