The division of powers is between State and National Governments.
Their share of the nation's income being much smaller than it was in 1970
is True.
In the 1970s , the lower class American's income was around 62 percent and
this has dropped to around 41 percent in recent times. The higher class
American's income however increased during the same period of time.
This is as a result of the increase in economic inequality of the country in
which the disparity between the income of the lower and higher class is very
wide.
Read more on brainly.com/question/19302129
Rockoff estimates the total cost of World War I to the United States at approximately $32 billion, or 52 percent of gross national product at the time. He breaks down the financing of the U.S. war effort as follows: 22 percent in taxes, 58 percent through borrowings from the public, and 20 percent in money creation.
RUSSIA, FRANCE, GREAT BRITAIN .
