Find the growth rates of the trend below and interpret 35%30%27.69%27.08%26.38%26.19%25.61%24.87%24.3%25%21.67%20.85%20%19.06%18.65%15%10%5%0%201620172018201920202021*2022*2023*2024*2025*2026*© Statista 2022Ratio of govemm entexpend iture to GDP

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Find the growth rates of the trend below and interpret

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Find the growth rates of the trend below and interpret

35%
30%
27.69%
27.08%
26.38%
26.19%
25.61%
24.87%
24.3%
25%
21.67%
20.85%
20%
19.06%
18.65%
15%
10%
5%
0%
2016
2017
2018
2019
2020
2021*
2022*
2023*
2024*
2025*
2026*
© Statista 2022
Ratio of govemm entexpend iture to GDP

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