Final answer:
Logistics costs typically comprise 8-10% of GDP in developed countries and can reach 15-20% in developing economies. Hospital logistics can make up a significant portion of hospital bills, sometimes around 30-35%. U.S. defense spending has historically been a major part of discretionary expenditures.
Step-by-step explanation:
When examining the percent of GDP spent on logistics related costs, different figures emerge for developed and developing economies. In the United States and major European economies, logistics costs typically range between 8% to 10% of GDP. However, in developing economies, due to less efficient infrastructure and other factors, this percentage can be significantly higher, even up to 15-20%. When considering the percent of a hospital bill that is logistics-related, this can vary widely as well, but industry estimations often suggest that it can represent a significant proportion of overall costs, sometimes nearing 30-35% depending on various factors such as supply chain complexity and geographical location.
Governmental sources of revenue primarily include taxes, while major expenditures span healthcare, social security, and defense. Notably, discretionary spending in the U.S. is largely dominated by defense, which accounted for more than half of the discretionary budget in 2014/15. Economic policies can be influenced by various theories, and the effectiveness of each can depend on current economic conditions and policy objectives.