Multiple Choice
According to data compiled by the Bureau of Economic Analysis, in 2018, total government spending (comprising purchases and transfers) in the U.S. was about
A) 10 percent of the economy's total output.
B) 32 percent of the economy's total output.
C) 58 percent of the economy's total output.
D) 27 percent of the economy's total output.
Correct Answer:
Verified
Correct Answer:
Verified
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