Between 1981and 2003, government spending as a percentage of GDP
a. remained fairly constant at approximately 10 percent
b. remained fairly constant at approximately 33 percent
c. decreased from approximately 30 percent to 15 percent
d. increased from approximately 15 percent to 30 percent
e. increased from approximately 30 percent to 65 percent
B
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Rapid population growth in Malthus's theory is constrained through:
A) higher fertility and reduced mortality. B) reduced fertility and higher mortality. C) higher fertility and mortality. D) reduced fertility and mortality.
Even though Mexico is a developing country, the NAFTA market is very rich
Indicate whether the statement is true or false
What is precautionary saving? What might cause precautionary saving to increase or decrease if households have a desired level of wealth?
What will be an ideal response?
First, what are the primary determinants of output per worker? And second, to what extent can each cause a permanent change in economic growth?
What will be an ideal response?