Author Question: Tariffs comprised approximately what percentage of the federal government revenues between 1790 and ... (Read 71 times)

formula1 · **on:** Jun 30, 2018

Tariffs comprised approximately what percentage of the federal government revenues between 1790 and 1860?
a. 97.
b. 55.
c. 25.
d. 1.

Question 2

Which of the following statements would MOST accurately describe government spending between 1970 and 2006?
a. State and local governments spend more on goods and services than the federal government, but the federal government spends more in total than state and local governments.
b. As a percentage of GDP, federal government spending on goods and services increased rapidly and by 2006, the federal government spending on goods and services was about twice as high as state spending on goods and services.
c. As a percentage of GDP, federal government spending has been significantly reduced, which as forced state and local government total spending to increase dramatically to accommodate these cuts.
d. As a percentage of GDP, both federal and state and local government total spending have doubled.

frankwu0507 · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

a. 97.

Answer to Question 2

a. State and local governments spend more on goods and services than the federal government, but the federal government spends more in total than state and local governments.