The USSpent 3 Percent of GDP Building and Maintaining the Public

question 108

Multiple Choice

The U.S.spent 3 percent of GDP building and maintaining the public infrastructure between 1950 and 1970.Since 1980,that share has:

• A)decreased slightly to 2 percent.
• B)decreased all the way to zero.
• C)stayed constant at 3 percent.
• D)increased slightly to 4 percent.
• E)increased significantly to 8 percent.

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Definitions:

Net Income

The total earnings of a company after all expenses and taxes have been deducted from revenue, indicating the company's profitability.

Capital Balances

The amount of equity owned by investors or owners in a company or fund.

Net Loss

The amount by which total expenses exceed total revenues in a given period, indicating a financial loss for the business.

Salary Allowance

A predetermined amount of compensation allocated for salaries, possibly including additional benefits or allowances.