Multiple Choice
Forecasts by the Congressional Budget Office show spending on Social Security,Medicare,and Medicaid rising from 10.4 percent of GDP in 2010 to ________ percent of GDP in 2050,and by 2050 the federal government will be spending,as a fraction of GDP,________ on these three programs as it currently spends on all its programs.
A) 15.2 percent; more
B) 15.2 percent; half as much
C) 18.9 percent; more
D) 18.9 percent; half as much
Correct Answer:
Verified
Correct Answer:
Verified
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