Which of the following is accurate regarding government expenditures in the United States?
A) The federal government spends considerably more than state and local governments combined.
B) The federal government spends more than local governments but less than state governments.
C) Local governments spend more than state governments, which in turn, spend more than the federal government.
D) Since 1930, total government expenditures as a share of GDP have declined.
Correct Answer:
Verified
Q198: Public choice theory indicates competitive forces provide
Q199: Which of the following is true?
A) Competitive
Q200: The fact that voters perceive their votes
Q201: The major categories of federal government spending
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Q203: Which of the following is an example
Q205: Direct income transfers account for approximately what
Q206: Transfer payments are
A) payments made to individuals
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Q208: Measured as a share of national income,
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