_____ in the United States relative to GDP increased from 37 percent in 1994 to 40 percent in 2013
a. Interest rates
b. Government outlays
c. Government revenues
d. Unemployment rates
e. Government deficits
b
Economics
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Necessities tend to have inelastic demands, whereas luxuries tend to have elastic demands
a. True b. False Indicate whether the statement is true or false
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