Author Question: Among 33 major economies, government spending (relative to GDP) in the United States is ________. ... (Read 45 times)

jeatrice · **on:** Jun 30, 2018

Among 33 major economies, government spending (relative to GDP) in the United States is ________.

A) relatively low
B) remarkably high
C) about average
D) lowest of all

Question 2

Based on the graph above, a cause of movement from point 1 to point 2 might be ________.

A) a positive price shock
B) government policy that lowers unemployment
C) an increase in potential output
D) an increase in expected inflation
E) none of the above