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    Exam 20: Public Finance: Expenditures and Taxes
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    The Total Amount of U
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The Total Amount of U

Question 317

Question 317

Multiple Choice

The total amount of U.S. tax revenue needed to finance the public sector


A) has been a declining percentage of the domestic output in this century.
B) equals about 40 percent of domestic output.
C) equals about 14 percent of domestic output.
D) is larger today, as a percentage of total output, than in 1960.

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