High Income Countries with Larger Governments as a Share of GDP

question 72

Multiple Choice

High income countries with larger governments as a share of GDP have generally

• A) grown less rapidly than their counterparts with smaller governments.
• B) experienced less deadweight losses resulting from taxes and/or government borrowing.
• C) seen the government decrease in size as real GDP rises.
• D) been able to be more economically efficient.

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Definitions:

Embryo

An early stage in development of a multicellular organism following fertilization and before becoming a fetus.

Structural Development

The process of growth or evolution in the organizational or physical structure of something, which can be applied to various fields such as biology, economics, or architecture.

Brain

The organ in the head of animals, including humans, that controls functions, movements, sensations, and thoughts.

Newborns

Infants who are in the very first weeks of life, typically up to one month old.