Question

In the united states, government spending accounts for approximately _____ of gdp. group of answer choices

Answer 1

In the united states, government spending accounts for approximately the TOTAL REVENUES of gdp.

The total US federal budget these days is about $4 trillion or more annually. The total federal budget for 2020 has surged to $7 trillion due to all the steps the government has taken to combat the pandemic. Few people know what

1 trillion really is, so here's an example. 1 trillion seconds is approximately 31,000 years. Ice Age animals such as woolly mammoths and saber-toothed tigers went extinct just 13,000 years ago, or less than half a trillion seconds.

learn more about GDP here: https://brainly.com/question/1383956

#SPJ4