Federal government purchases, as a percentage of GDP, A) have ...

[ashley]

Federal government purchases, as a percentage of GDP,
 
  A) have fallen since the early 1950s.
  B) have risen since the early 1950s.
  C) have remained roughly the same since the early 1950s.
  D) rose from the early 1950s until the mid 1980s, and then fell.

Question 2

Refer to Figure 7-1. Under autarky, the consumer surplus is area
 
  A) S + V. B) S. C) R. D) R + S + V.

[maaaaaaaaaa]

Answer to Question 1

A

Answer to Question 2

C

[ashley]

Thanks for the timely response, appreciate it

[parshano]

Great answer, keep it coming