Which of the following is true?
A) In 1916, the per person real government expenditures were approximately 60 times greater than in 1800.
B) Prior to 1929, government expenditures at the state and local levels were substantially smaller than federal expenditures.
C) Real federal spending per person was approximately 80 times greater in 2010 than in 1916.
D) All of the above are true.

Question

Quizplus · Accepted Answer

A is false because per person real government expenditures were only about 8 times greater in 1916 than in 1800 (source: National Bureau of Economic Research). B is also false because state and local expenditures were actually larger than federal expenditures prior to 1929 (source: Congressional Research Service). C is true based on inflation-adjusted data from the Bureau of Economic Analysis.

Which of the Following Is True