Since 1945, national defense expenditures as a percentage of GDP have _____.
a. fallen from 41 percent to 3.7 percent
b. fallen from 32.1 percent to 20.1 percent
c. fallen from 62.3 percent to 11.5 percent
d. fallen from 50.5 percent to 9.6 percent
Question 2
When an employer provides in-kind benefits to employees, the In-kind benefits are _____.
a. never taxed as income
b. sometimes taxed as income
c. always taxed as income
d. always taxed as consumption