On Average Over the Past Half-Century, Tax Receipts in the United

Multiple Choice

On average over the past half-century, tax receipts in the United States have:

A) grown at a rate that was significantly slower than expenditure.
B) grown at a rate that was nearly the same as expenditure.
C) grown at a rate that matched the rate of growth of real GDP.
D) grown at a rate that matched the rate of growth of nominal GDP.
E) held remarkably stable despite taxpayer protests to the contrary.