Total government spending (federal, state, and local) sums to approximately:

a.

one-half of the U. S. economy.

b.

40 percent of the U. S. economy.

c.

20 percent of the U. S. economy.

d.

10 percent of the U. S. economy.

Question

Business

Charlee Decker

2 November, 22:28

Total government spending (federal, state, and local) sums to approximately:

a.

one-half of the U. S. economy.

b.

40 percent of the U. S. economy.

c.

20 percent of the U. S. economy.

d.

10 percent of the U. S. economy.

+2

Answers (1)

Know the Answer?

Cody Strong · Answer 1

b.

40 percent of the U. S. economy.

Explanation:

The public sector of the U. S. economy it's almost 40% of its economy, the last date of government spending on the economy of the United States increased to 3,312.75 billion dollars in the third quarter of 2019, is approximately 38% of the GDP.

Total government spending (federal, state, and local) sums to approximately:a.one-half of the U. S. economy.b.40 percent of the U. S. economy.c.20 percent of the U. S. economy.d.10 percent of the U. S. economy.

Total government spending (federal, state, and local) sums to approximately:

a.

one-half of the U. S. economy.

b.

40 percent of the U. S. economy.

c.

20 percent of the U. S. economy.

d.

10 percent of the U. S. economy.