Ask Question
16 October, 17:54

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)
  1. 16 October, 19:19
    0
    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.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “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. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers