Solved

During the Last Four Decades, the Composition of Federal Spending

Question 203

Multiple Choice

During the last four decades, the composition of federal spending has


A) been virtually unchanged, but federal spending as a share of GDP has declined substantially.
B) been virtually unchanged, but federal spending as a share of GDP has increased sharply.
C) shifted away from national defense and toward spending on income transfers and health care.
D) shifted away from health care and income transfers and toward spending on national defense.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions