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    Exam 6: Building Blocks of the Flexible-Price Model
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    In the United States, Local, State, and Federal Government Purchases
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In the United States, Local, State, and Federal Government Purchases

Question 41

Question 41

Multiple Choice

In the United States, local, state, and federal government purchases of goods and services add up to about


A) 20% of GDP.
B) 50% of GDP.
C) 75% of GDP.
D) 40% of GDP.

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