hich statement is NOT true? a. Government expenditure has direct control of a country's economic growth and businesses. b. investments in education and infrastructure are not likely to boost economic growth and labor productivity in the long run. c. Government spending also helps lower-income inequality among individuals. d. A high gross domestic product (GDP) doesn't necessarily translate into well being or higher living standards for citizens.

hich statement is NOT true? a. Government expenditure has direct control of a country's economic growth and businesses. b. investments in education and infrastructure are not likely to boost economic growth and labor productivity in the long run. c. Government spending also helps lower-income inequality among individuals. d. A high gross domestic product (GDP) doesn't necessarily translate into well being or higher living standards for citizens.

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter16: Government Spends, Collects, And Owes

Section: Chapter Questions

Problem 12AA

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