As Measured by Comparing U

question 30

Multiple Choice

As measured by comparing U.S.government expenditures as a proportion of all economic activity,the United States

• A)has one of the largest governments among Western democracies.
• B)has one of the smallest governments among Western democracies.
• C)ranks about average in size among Western democracies.
• D)ranked as one of the smallest governments until 2008, then grew to one of the largest within two years.
• E)has one of the largest public sectors, but one of the smallest private sectors.

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Definitions:

Corporations

Businesses that are legally recognized as separate entities from their owners, having their rights and liabilities.

Single Taxation

A tax system where income is taxed only once, typically referring to how corporate profits are taxed at either the corporate or shareholder level but not both.