According to a Congressional Budget Office report,"A 125-Year Picture of the Federal Government's Share of the Economy,1950 to 2075," the main culprit for the increase in federal government spending to about 40 percent of GDP in 2075 is (are) :
A) Medicare.
B) Medicaid.
C) defense spending.
D) all of the above
E) a and b
Correct Answer:
Verified
Q44: An explanation of why governments are willing
Q48: The difference between imports and exports is:
A)domestic
Q49: According to a Congressional Budget Office report,"A
Q51: If current generations are depleting nonrenewable resources,they
Q54: If the government increases its budget deficit,_
Q55: _ implies (imply)that,holding the present value of
Q56: Income minus taxes is often called:
A)investment.
B)consumption.
C)disposable income.
D)gross
Q57: Income minus taxes is often called:
A)government expenditures.
B)consumption.
C)investment.
D)gross
Q61: If domestic saving is less than domestic
Q77: _ is/are what may happen when the
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