Question

Which statement is true?

a. The largest federal government purchase is education.

b. State and local government spending has been declining since the mid-1980s.

c. Defense spending as a percent of the federal budget has steadily fallen since 1990.

d. Today we spend as much on defense than the rest of the world combined.

Answer 1

Option D is true!

Option A. False, About 7% of government spending goes on to education while on defence it is close to 52%. Hence this statement is incorrect.

Option B. False, total spending from both governments is consistently increasing since mid 1980's.

Option C. False, Defence spending is consistently increasing from 1990's to till date. It has increased from 27% to 52% now.

Option D. True, US spends as much as the entire world combined spends on military.