Which of the following statements is true?
A) Government purchases fell dramatically during World War II.
B) Government purchases rose during the Korean War and did not drop very far back afterward.
C) Government purchases have remained at about 30 percent of GDP since the Korean War.
D) Government purchases have remained at about 40 percent of GDP since World War II.

Question

Quizplus · Accepted Answer

Government purchases indeed rose during the Korean War and did not drop very far back afterward, reflecting increased military and defense spending that remained high even after the conflict ended.

Which of the Following Statements Is True