Author Question: Currently, total government expenditures in the United States: a. are close to 40 percent of GDP. ... (Read 86 times)

ericka1 · **on:** Jun 30, 2018

Currently, total government expenditures in the United States:
a. are close to 40 percent of GDP.
b. fell by half, to 10 percent of GDP.
c. nearly doubled to about 60 percent of GDP.
d. nearly tripled to about 60 percent of GDP.

Question 2

During the 1970s, the inflation rate and the unemployment rate were inversely related.
a. True
b. False
Indicate whether the statement is true or false