Government has increased expenditures to address the Covid Virus situation. It will be interesting to examine...

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Economics

Government has increased expenditures to address the Covid Virussituation. It will be interesting to examine the data later to seehow fast government expenditure increases for 2020. To answer thisquestion, describe how fast government spending normally grows (sayon average 1929 to present) on a per capita basis in real terms.Compare this to the growth rate of real per capita GDP, and commenton whether government is growing faster than the economy orslower.

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Government has increased expenditures to address the Covid Virus situation It will be interesting to examine the data later to see how fast government expenditure increases for 2020 To answer this question describe how fast government spending normally grows say on average 1929 to present on a per capita basis in real terms Compare this to the growth rate of real per capita GDP and comment on whether government is growing faster than the economy or slower Answer from 1920 to See Answer

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