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In 2014, based on data from the OECD, the government's total tax revenue as a percentage of total output was highest in which of the following nations?
Elected Officials
Individuals chosen through an electoral process to hold public office and make policy decisions.
Logrolling
A practice in political decision-making processes where parties agree to vote for each other's proposed bills or policies, even if they do not have immediate personal interest, to ensure mutual benefit.
Economic Efficiency
Economic efficiency occurs when resources are allocated in a way that maximizes productivity while minimizing waste and inefficiencies.
Trading Votes
The practice of exchanging votes between parties or individuals, often seen in legislative bodies or during elections, to secure mutual benefits or achieve desired outcomes.
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