Author Question: If the federal government spends more than it takes in as revenue in a single year, it adds to the ... (Read 64 times)

nautica902

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If the federal government spends more than it takes in as revenue in a single year, it adds to the __________.
 
  a. U.S. revenue
  b. company profits
  c. the countrys deficit
  d. investment it makes in America

Question 2

State and local governments spend about __________ percent of the GDP.
 
  a. 5
  b. 7
  c. 10
  d. 15



Dominic

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Answer to Question 1

ANS: C

Answer to Question 2

ANS: C



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