Government expenditures as a percentage of GDP in the U.S. increased from 1950 to 1975 but decreased sharply during the recession that began in 2008.

Question

Quizplus · Accepted Answer

Government expenditures as a percentage of GDP in the U.S. actually increased during the recession that began in 2008, largely due to stimulus spending and increased social welfare costs, not decreased.

Government Expenditures as a Percentage of GDP in the U