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Government Spending
Expenditures by government bodies on goods and services, including transfer payments and public infrastructure investments.
Percent Of GDP
The percentage of Gross Domestic Product (GDP) refers to a key economic indicator that measures a specific component or sector's contribution to the overall economic output of a country, expressed as a percentage of its GDP.
No Particular Trend
A situation where data or movements do not show a consistent direction over time, indicating variability without a clear pattern.
Redistribution Of Income
The transfer of income from certain individuals or groups to others through mechanisms like taxation, welfare programs, and other government initiatives.
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