Which of the Following Statements Characterizes Government Transfer Payment Spending

Multiple Choice

Which of the following statements characterizes government transfer payment spending in the United States between 1960 and 2015?

A) Transfer payment spending by the federal government and by state and local governments has decreased as a percentage of GDP.
B) Transfer payment spending by the federal government and by state and local governments has more than tripled as a percentage of GDP.
C) Transfer payment spending by the federal government and by state and local governments has remained constant as a percentage of GDP.
D) Transfer payment spending by the federal government and by state and local governments has fluctuated widely over this period.