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24. Use the figure below to answer the question that follows 0.009 0.008 0.007 0:006 0.005 0.004 Quarterly GDP growth 10.003 0.002 10.001 10.2 0.22
24. Use the figure below to answer the question that follows 0.009 0.008 0.007 0:006 0.005 0.004 Quarterly GDP growth 10.003 0.002 10.001 10.2 0.22 0.24 0.26 0.28 0.3 Government ependiture/GOP ratio Source: Burger & Calitz (2020) What is the quarterly GDP growth rate when the government spending/ GDP ratio is optimised? (4 marks) A. 0.001 B. 0.007 C. 0.0075 D. 0.005
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