In 1960, more than half (52 percent) of federal expenditures were for national defense. Today national defense accounts for approximately
A) 60 percent of the federal budget.
B) 44 percent of the federal budget.
C) 29 percent of the federal budget.
D) 16 percent of the federal budget.
Correct Answer:
Verified
Q2: Total government spending (federal, state, and local)
Q3: Real (adjusted for inflation) federal spending per
Q4: Which of the following is true about
Q5: Compared to the situation prior to 1980,
Q6: During the last four decades, the composition
Q8: Government expenditures for Social Security and unemployment
Q9: In 1960, spending on income transfers and
Q10: During the last four decades, defense expenditures
Q11: Given the current structure of the Social
Q12: Compared to the situation during the first
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