Measured as a share of GDP, federal spending during 2001-2010
A) increased more rapidly than during the 1990s.
B) increased less rapidly than during the 1990s.
C) declined after increasing rapidly during the 1990s.
D) was virtually unchanged during the decade.

Question

Measured as a share of GDP, federal spending during 2001-2010
A) increased more rapidly than during the 1990s.
B) increased less rapidly than  during the 1990s.
C) declined after increasing rapidly during the 1990s.
D) was virtually unchanged during the decade.

Quizplus · Accepted Answer

Federal spending as a share of GDP increased more rapidly during 2001-2010 due to factors such as the wars in Iraq and Afghanistan, increased defense spending, and responses to the financial crisis, compared to the relatively stable or declining trend during the 1990s.

Measured as a Share of GDP, Federal Spending During 2001-2010