Focusing on government spending as a percentage of GDP in the U.S., we observed that between 1820 and 1929 the: minimum value was 3.13%; mean value was 6.83%; and maximum value was 29.03%. In contrast, between 1930 and 2021 , the a) None of the above answers are correct. B) maximum value was 10.94%.c) minimum value was 2.12%. D) mean value was 30.56%.

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Focusing on government spending as a percentage of GDP in the U.S., we observed that between 1820 and 1929 the: minimum value was 3.13%; mean value was 6.83%; and maximum value was 29.03%. In contrast, between 1930 and 2021 , the a) None of the above answers are correct. B) maximum value was 10.94%.c) minimum value was 2.12%. D) mean value was 30.56%.

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