Problem
During World War II, federal spending rose to roughly 50 percent of total spending in the economy, from its prewar level of just under 10 percent. How was this possible-that is, what spending had to decline to make it feasible for the federal share of spending to rise by a factor of five?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.