kindly assist me in answering the following questions thank you
"The belief that we can spend our way out of low growth is inconsistent with the best available empirical evidence and ignores South Africa's recent poor performance in using government spending as a tool to unlock much-needed economic growth. Gambling with our future on risky economic strategies that have failed elsewhere is something we are not prepared to do. ' Tito Mboweni is South Africa's Minister of Finance. Tito Mboweni - Fin24 https://www.news24.com/fin24/opinion/tito-mboweni-we-cannot-spend-our-way-out-of-low- growth-20200714 Q.3.1 Government spending (as a percentage of gross domestic expenditure) has (6) increased significantly over the past decades. Explain any two reasons for this trend. D The Independent Institute of Education (Pty) Lid 2020 Page 6 of 7 20 2020 Marks will be awarded for the quality of your paraphrasing, i.e. you must write in your own words. Q.3.2 The increased government spending noted in Q.3.1. above has to be financed in (9) one way or another. Describe three ways in which government spending can be financed. Marks will be awarded for your ability to integrate the theory into the extract above. Question 4 (Marks: 5) Many economists argue that the South African government should implement a policy of privatisation. Argue in favour of a policy of privatisation. Marks will be awarded for the quality of your paraphrasing, i.e. you must write in your own words. Question 5 (Marks: 10) Explain in detail, with the aid of a graph, the two components of the demand for money. Identify the main determinant of each component. In your graph, illustrate each component as well as the total demand for money. (Hint: You do not have to draw separate graphs for each component. You can combine everything on one set of axes). (Note: 3 marks for the graph and 7 marks for the explanation)