Solved

Which of the Following Statements Best Describes Government Expenditure Patterns

Question 1

Multiple Choice

Which of the following statements best describes government expenditure patterns?


A) The government's share of total economic activity has generally decreased since 1950.
B) Most of the growth in government expenditures as a percentage of GDP is due to rapidly growing federal government transfer programs.
C) Government expenditure as a share of GDP has fluctuated wildly depending on which political party is in control.
D) Most of the growth in government expenditures as a percentage of GDP is due to rapidly growing national defense programs.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents