Suppose the public expenditure as a percentage of GDP of four countries is shown in the table below
Which type of economy exists in these countries?
| A | 40% |
| B | 50% |
| C | 33% |
| D | 36% |
Which type of economy exists in these countries?
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Correct Answer: Option D
Explanation:
The economy is mixed with the highest GDP. It constitutes private expenditure as a percentage of GDP.
The economy is mixed with the highest GDP. It constitutes private expenditure as a percentage of GDP.