In 1960, spending on income transfers and health care accounted for 21.5 percent of the federal budget. In 2010, these two items accounted for
A) less than 15 percent of the federal budget.
B) approximately 25 percent of the federal budget.
C) approximately 32 percent of the federal budget.
D) approximately 62 percent of the federal budget.
Correct Answer:
Verified
Q5: Compared to the situation prior to 1980,
Q8: Government expenditures for Social Security and unemployment
Q8: In 2010, federal expenditures on income transfers,
Q9: Which of the following is true?
A) Real
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Q13: During the first 125 years of the
Q16: Between 1960 and 2010, the share of
Q17: What percentage of the total government expenditures
Q18: Government expenditures as a share of the
Q18: Compared to the situation during the first
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