According to data compiled by the Bureau of Economic Analysis, from 1960 to 2018, government transfer payments as a percentage of U.S. output have
A) decreased as a result of improvements in private pension and health insurance plans.
B) increased slightly at about the same rate as population.
C) tripled as a percentage of output.
D) remained approximately constant.
Correct Answer:
Verified
Q203: In 2018, the so-called Tax Freedom Day
Q204: The marginal tax rate is the
A)sum of
Q205: One distinction between government purchases and transfer
Q206: "Deficit spending" refers to a situation where
Q207: From 1960 to 2018, as percentages of
Q209: The major sources of funds for the
Q210: In 2018, corporate income taxes contributed about
Q211: In 2017, based on data from the
Q212: The two largest sources of tax revenue
Q213: The largest expenditure of the U.S. federal
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