Total government spending (federal, state, and local) sums to ...

[pragya sharda]

Total government spending (federal, state, and local) sums to approximately:
 a. 10 percent of the U.S. economy.
  b. 20 percent of the U.S. economy.
  c. 40 percent of the U.S. economy.
  d. one-half of the U.S. economy.

Question 2

U.S. macroeconomic data show that a stable Phillips curve existed during the 1960s.
 a. True
  b. False
  Indicate whether the statement is true or false

[catron30]

Answer to Question 1

c

Answer to Question 2

True

[pragya sharda]

Excellent

[emsimon14]

Thanks for the timely response, appreciate it