There are a lot of ways to slice up the U.S. budget. With this in mind, which of the following statements are true, according to Figure 36.4?
i. Most of the federal budget is spent on welfare and foreign aid.
ii. About half of the federal budget goes toward Medicare, Medicaid, and Social Security combined.
iii. More than half of the federal budget goes toward Medicare, Medicaid, Social Security, and interest on the debt combined.
iv. The federal government spends about $1,830 on the military per person in the United States.