Refer to the following table when answering the following questions.
Table 2.1: U.S. 2010 and 2015 Expenditures ($ billions)
-Consider Table 2.1. The federal government's share of total GDP in 2010 was about ________ percent, and in 2015 it was ________ percent.
A) 12; 11
B) 31; 29
C) 33; 34
D) 9; 7
E) 21; 18
Correct Answer:
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Q2: Refer to the following table when answering
Q3: Household consumption as a share of GDP
Q4: Which measure of overall economic activity was
Q5: According to the expenditure approach, if Y
Q6: The National Income and Product Accounts provides
Q7: Goods that are produced in a different
Q8: Refer to the following table when answering
Q9: The National Income and Product Accounts identity
Q10: In 2015, U.S. national output per person
Q11: In 2015, U.S. national output was equal
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