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10 cards from this deck
Parts of economy owned/controlled by government
Commercial orgs owned by govt operating in competitive markets
Around 40% of GDP
Approximately 16% since 2000
25.5% in 1985
Payments redistributed to households (e.g., pensions, benefits)
Approximately one-third
Theory that govt spending can stimulate economic activity
Sale of govt-owned businesses to private sector
Restricting benefits to those below certain income/wealth levels
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