Which of the following is accurate regarding government expenditures in the United States?

a. Since 1930, total government expenditures as a share of GDP have declined.
b. The federal government spends more than local governments but less than state governments.
c. Local governments spend more than state governments, which in turn, spend more than the federal government.
d.  The federal government spends considerably more than state and local governments combined.

ANSWER:

d.  The federal government spends considerably more than state and local governments combined.