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  • government spending as a percentage of GDP?

    I have a question. spending as a percentage of GDP is used by politicians to described the amount of GDP CONSUMED by the government. However, If C+I+G=Y in the keynesian model they seem to love, , then is it not a logical fallacy to say talk about spending levels in terms of G/(C+I+G) because you are...
    Posted to Economics Questions (Forum) by swalsh81 on Thu, May 31 2012
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