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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 29
Explain why federal, state, and local expenditures account for about 40 percent of GDP, but total government spending (G in GDP) is only about 20 percent of GDP.
Explanation
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The reason behind this is that the gover...
Economics for Today 9th Edition by Irvin Tucker
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