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  Workshop 3: Public Policy & the Federal Budget  
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Workshop 3

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Test Your Knowledge

Take this quiz to test your knowledge about the topics discussed in this workshop:

  1. The estimated Federal government income/revenue for 2002 was $2,192 billion. Social insurance payroll taxes and income taxes combined accounted for how much of this total?
    more than 80%
    less than 50%
    about 67%
  2. Total U.S. government spending at the combined state, local and Federal levels was what percentage of the Gross Domestic Product (GDP) in 1999? GDP refers to spending for goods and services of virtually all types in an economy. And how did the U.S. rank in government spending as a percentage of GDP compared to England, Germany, France, Italy, Canada, and Japan in 1999?
    U.S. government spending was 40 percent of the GDP and the U.S. ranked first among the seven nations in spending as a percentage of the GDP
    U.S. government spending was 18 percent of the GDP and the U.S. ranked fourth
    U.S. government spending was 28 percent of the GDP and the U.S. ranked seventh
    U.S. government spending was 10 percent of the GDP and the U.S. ranked second

    Source: A Citizen's Guide to the Federal Budget for 2001 http://w3.access.gpo.gov/usbudget/fy2001/guide01.html


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