Forecasts by the Congressional Budget Office show spending on Social Security,Medicare,and Medicaid rising from 10.4 percent of GDP in 2010 to ________ percent of GDP in 2050,and by 2050 the federal government will be spending,as a fraction of GDP,________ on these three programs as it currently spends on all its programs.

Question

Quizplus · Accepted Answer

According to the information given, spending on Social Security, Medicare, and Medicaid is projected to rise to 18.9 percent of GDP in 2050. Additionally, the federal government will be spending more on these three programs as a fraction of GDP than it currently spends on all its programs. Therefore, the correct answer is C.

Forecasts by the Congressional Budget Office Show Spending on Social