In Recent Years,privatization of Government Functions to Contractors Has __________

question 18

Multiple Choice

In recent years,privatization of government functions to contractors has __________.

• A)increased at the federal level
• B)provided services more efficiently at the federal level
• C)decreased at the state level
• D)received greater public support

---

Definitions:

Fiscal Policy

Government policy regarding taxation and spending to influence the economy.

John Maynard Keynes

A British economist whose theories on the causes of prolonged unemployment and the importance of governmental fiscal and monetary policies founded Keynesian economics.

Federal Budget Deficit

The shortfall that occurs when the U.S. government's expenditures exceed its revenues within a fiscal year.

GDP

Gross Domestic Product, or GDP, represents the overall market value of all ultimate goods and services manufactured domestically in a specific timeframe.