multiple choice.

State and local government expenditure in the United States accounts for about a. 32 percent of GDP. b. 22 percent of GDP. c. 12 percent of GDP. d. 7 percent of GDP. Following the circular flow of a mixed economy, firms receive a flow of dollars from and send goods and services to: a .Output Markets. b. Input Markets. c. Households. d. Government Following the circular flow of a mixed economy, which entity or entities distribute resources? a. Firms only. b. Input Markets only. c. Government and Households. d. Households and Input Markets. When has the U.S. experienced government expenditures in the range of 40% to 50% of GDP? a. 2000 to 2009. b. 1950 to 1959. c. 1940 to 1949. d. It has never happened. In 2011, which country listed below has the highest percentage of government spending relative to GDP? a. France. b. Ireland. c. Japan. d. Canada. The old-age dependency ratio is: a. the proportion of the population that is 60 years or older over the proportion of the population that is less than 60 years of age. b. to proportion of the population that is 65 years or older over the proportion of the U population that is 15 to 64 years of age. c. the proportion of the population that is 70 years or older over the proportion of the population that is 20 to 69 years of age. d. the total government expenditure on programs for the elderly over the number of citizens that arc 65 years or older