Which of the Following Best Describes Recent Trends in State

question 31

Multiple Choice

Which of the following best describes recent trends in state and local government spending as compared to federal government spending over the past 30 years?

• A)State and local government spending has grown, while federal spending has decreased except for federal spending in 2009-2011.
• B)Federal spending has increased, while state and local government spending has decreased.
• C)Both federal spending and state and local spending have increased, especially since the recession in 2009.
• D)Both federal spending and state and local spending have decreased, as Republican tax policies have decreased the federal budget, thereby impacting state and local budgets.
• E)Both federal spending and state and local spending have held steady in recent years; there have been no significant increases or decreases.

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Definitions:

Conditional Formatting

A feature in spreadsheet and database applications that changes the appearance of cells based on certain conditions.

Accounting Number

A numerical value associated with financial transactions, used in accounting to classify and summarize economic events.

Currency Style

A formatting option in software that adjusts numerical data to display as monetary values, often including a currency symbol and appropriate decimal placement.

Accounting Number

A numerical value or format used in accounting to represent financial information accurately.