Question
The share of government expenditures (G) relative to GDP (PxY) consistently decreases during recessions and increases during expansions. (A) True (B) False Also need explanation
The share of government expenditures (G) relative to GDP (PxY) consistently decreases during recessions and increases during expansions.
(A) True
(B) False
Also need explanation and conclusion along with the answer.
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Essentials of Economics
Authors: N. Gregory Mankiw
8th edition
1337091995, 978-1337515351, 1337515353, 978-1337091992
