Table 2.1 GDP and its components,2012
-Assuming that the GDP breakdown shown in Table 2.1 is typical of a given year in the U.S.we can say that ________.
A)federal defense spending is twice that of non-defense spending
B)federal spending is twice as large as that of the states and local governments
C)government spending constitutes about 40% of GDP
D)all of the above
E)none of the above

Question

Table 2.1 GDP and its components,2012 
-Assuming that the GDP breakdown shown in Table 2.1 is typical of a given year in the U.S.we can say that ________.
A)federal defense spending is twice that of non-defense spending 
B)federal spending is twice as large as that of the states and local governments 
C)government spending constitutes about 40% of GDP 
D)all of the above 
E)none of the above

Quizplus · Accepted Answer

The statement cannot be accurately determined without seeing the actual data in Table 2.1. Each of the options provided makes a specific claim about the breakdown of GDP, but without the actual figures from Table 2.1, it's impossible to verify any of these claims.

Table 2.1 GDP and Its Components,2012