Multiple Choice
If we compare spending as a percentage of GDP by local and state governments and by the federal government from 1960 to 2010, we realize that
A) federal government spending was more volatile than local and state government spending
B) local and state government spending was more volatile than federal government spending
C) total spending by local and state governments exceeded federal government spending over the fifty year period
D) federal government spending was at least three times as much as spending by local and state governments over the fifty year period
E) spending by local and state governments followed the pattern of total government spending more closely than federal government spending did
Correct Answer:

Verified
Correct Answer:
Verified
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