Combined federal, state, and local government expenditures in the United States were approximately 9 percent of the gross domestic product (GDP) in 1930. How large were government expenditures as a share of GDP in 2015?
A) approximately 15 percent
B) approximately 25 percent
C) approximately 30 percent
D) approximately 36 percent
Correct Answer:
Verified
Q186: Senator Dogood is pushing for the construction
Q187: In 2015, the combined expenditures of federal,
Q188: Economic theory indicates that the behavior of
A)
Q189: Market allocation and the political process differ
Q190: John Smith is a typical citizen. Economic
Q192: A politician may be considered an entrepreneur
Q193: At the most basic level, the distinguishing
Q194: Senator Blacklung represents a state that grows
Q195: Which of the following is true regarding
Q196: Which one of the following is a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents