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Economics - Financial Markets
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What generalization can you make about federal grants-in-aid from these charts?
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a. Federal spending on grants has increased dramatically, increasing the percentage of state and local expenditures from such grants. b. Federal spending on grants has remained constant, as has the percentage of state and local expenditures from such grants. c. Federal spending on grants has steadily decreased, lowering the percentage of state and local expenditures from such grants. d. Federal spending on grants has steadily increased, but the percentage of state and local expenditures from such grants has remained fairly stable.
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