From 1960 to 2018, as percentages of U.S. output, government purchases have

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From 1960 to 2018, government purchases as a percentage of U.S. output have declined, reflecting a shift in government spending priorities. Meanwhile, transfer payments, which include social security, Medicare, and other welfare programs, have increased significantly as a percentage of U.S. output. This reflects the growing role of the government in providing social safety nets and redistributing income.

From 1960 to 2018, as Percentages of U