Final answer:
The total Federal, state, and local government spending makes up about 14% of goods-service today. Education is the biggest spending item, accounting for about one-third of the total.
Step-by-step explanation:
The total Federal, state, and local government spending makes up about 14% of goods-service today, according to Figure 30.4. This percentage has increased from around 8% in the last four decades. Education is the biggest spending item, accounting for about one-third of the total, while the rest covers programs like highways, libraries, hospitals, healthcare, parks, police, and fire protection.