The first table that follows shows government expenditures as a percentage of GDP for selected years. For the same years, the first table also shows different categories of federal expenditures as percentages of total federal government expenditures. The second table shows government tax revenue as a percentage of GDP for the selected years. The second table also shows different categories of federal tax receipts as percentages of total federal tax receipts. (Source: \"U.S. Government Printing Office. Government Expenditures (GDP %) Expenditures as a Share of the Federal Government Budget Education Net Interest on Year 1950 1970 2011 Federal 16% 19% 24% State and Local 7% 10% 14% Income Security National Defense and Health Federal Debt Others 42% 1896 11% 13% 22% 50% 32% 40% 20% 2% 11% 13% 11% 9% 6% Including transportation, agriculture, veterans\' benefits, international affairs, housing, and so on. Federal Government Receipts Government Tax Receipts (GDP %) Individua Social Insurance Corporate State and Local Income Taxes Excise Taxes Others Year 1950 1970 2011 Federal 14% 1996 15% Income Taxes 40% 4796 47% Taxes 11% 2 3% 36% 26% 1796 896 19% 8% 3% 4% 5% 6% 10% 14% Solution The correct answer is option because because the individual income tax and social insurance tax reciepts constitute about 83% ..

1. The first table that follows shows government expenditures as a percentage of GDP for selected
years. For the same years, the first table also shows different categories of federal expenditures
as percentages of total federal government expenditures. The second table shows government tax
revenue as a percentage of GDP for the selected years. The second table also shows different
categories of federal tax receipts as percentages of total federal tax receipts. (Source: "U.S.
Government Printing Office. Government Expenditures (GDP %) Expenditures as a Share of the
Federal Government Budget Education Net Interest on Year 1950 1970 2011 Federal 16% 19%
24% State and Local 7% 10% 14% Income Security National Defense and Health Federal Debt
Others 42% 1896 11% 13% 22% 50% 32% 40% 20% 2% 11% 13% 11% 9% 6% Including
transportation, agriculture, veterans' benefits, international affairs, housing, and so on. Federal
Government Receipts Government Tax Receipts (GDP %) Individua Social Insurance Corporate
State and Local Income Taxes Excise Taxes Others Year 1950 1970 2011 Federal 14% 1996
15% Income Taxes 40% 4796 47% Taxes 11% 2 3% 36% 26% 1796 896 19% 8% 3% 4% 5%
6% 10% 14%
Solution
The correct answer is option because because the individual income tax and social insurance tax
reciepts constitute about 83% .