All of the following statements are true except
A)the three components of government outlays are transfer payments, expenditures on goods and services, and debt interest.
B)debt interest has been steadily increasing since 1960.
C)expenditures on goods and services have a downward trend.
D)outlays increased steadily from 1971 through 1985.
E)transfer payments decreased sharply during the 1990s.

Question

Quizplus · Accepted Answer

The Answer of All of the following statements are true except
A)the three components of government outlays are transfer payments, expenditures on goods and services, and debt interest.
B)debt interest has been steadily increasing since 1960.
C)expenditures on goods and services have a downward trend.
D)outlays increased steadily from 1971 through 1985.
E)transfer payments decreased sharply during the 1990s.

All of the Following Statements Are True Except