On average over the past half-century, tax receipts in the United States have:
A)grown at a rate that was significantly slower than expenditure.
B)grown at a rate that was nearly the same as expenditure.
C)grown at a rate that matched the rate of growth of real GDP.
D)grown at a rate that matched the rate of growth of nominal GDP.
E)held remarkably stable despite taxpayer protests to the contrary.

Question

Quizplus · Accepted Answer

Over the past half-century, tax receipts in the United States have generally grown at a rate that was nearly the same as expenditure, reflecting the government's efforts to balance revenue and spending.

On Average Over the Past Half-Century, Tax Receipts in the United