Multiple Choice
Forecasts by the Congressional Budget Office show spending on Social Security,Medicare,and Medicaid rising from 10.1 percent of GDP in 2015 to ________ percent of GDP in 2090,and by 2090 the federal government will be spending,as a fraction of GDP,________ on these three programs as it currently spends on all programs combined.
A) 16.2 percent;nearly as much
B) 16.2 percent;half as much
C) 19.8 percent;nearly as much
D) 19.8 percent;half as much
Correct Answer:
Verified
Correct Answer:
Verified
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