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Tidy Tidy
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8 years ago
Forecasts by the Congressional Budget Office show spending on Social Security, Medicare, and Medicaid rising from 9.9 percent of GDP in 2013 to ________ percent of GDP in 2087, and by 2087 the federal government will be spending, as a fraction of GDP, ________ on these three programs as it currently spends on all its programs.
A) 12.3 percent; more
B) 12.3 percent; half as much
C) 23.4 percent; more
D) 23.4 percent; half as much
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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8 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
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