Government expenditures as a percent of GDP in the United States
A) are very high in comparison to the rest of the world.
B) are smaller than for most other high-income industrial countries.
C) are much smaller today than they were a century ago.
D) are none of the above.

Question

Quizplus · Accepted Answer

According to data from the Organization for Economic Cooperation and Development (OECD), government expenditures as a percent of GDP in the United States are smaller than for most other high-income industrial countries. In 2019, the United States had government expenditures at 38.7% of GDP, while the OECD average was 42.9%.

Government Expenditures as a Percent of GDP in the United