Which of the Following Statements About Annual Federal Outlays Is

question 84

Multiple Choice

Which of the following statements about annual federal outlays is most accurate?

• A) Federal spending as a percentage of gross domestic product has remained at essentially the same level every year since 1960.
• B) Federal spending as a percentage of gross domestic product has decreased significantly every year since 1960.
• C) Federal spending as a percentage of gross domestic product has increased significantly every year since 1960.
• D) Federal spending as a percentage of gross domestic product has experienced significant ups and downs over time.
• E) Federal spending as a percentage of gross domestic product has only increased once since 1960.

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