asked 158k views
2 votes
Compared with most other OECD​ countries, how high is the ratio of U.S. government spending to​ GDP?

A. about average
B. higher than most other OECD countries
C. lower than most other OECD countries
D. the highest of all OECD countries

asked
User Nabroyan
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7.7k points

1 Answer

0 votes

Final answer:

The United States has had a government spending to GDP ratio that is often perceived as relatively high compared to many other OECD (Organisation for Economic Co-operation and Development) countries. Hence, the correct answer is option (B).

Step-by-step explanation:

The ratio of U.S. government spending to GDP is higher than most other OECD countries. This means that the U.S. government spends a larger proportion of its GDP compared to other countries in the OECD. One reason for this could be the size and scope of government programs and services in the United States.

It's important to note that economic conditions, government policies, and other factors can influence these ratios, and they may change over time. For the most current and accurate information, it's recommended to check the latest data from reputable sources such as the OECD or relevant government agencies.

answered
User Rdanusha
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7.8k points
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