The Keynesian school of macroeconomics believes that increased government spending leads to increased growth. The file P11_59.xlsx

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The Keynesian school of macroeconomics believes that increased government spending leads to increased growth. The file P11_59.xlsx contains the following annual data:
• Government spending as percentage of GDP (gross domestic product)
• Percentage annual growth in annual GDP Are these data consistent with the Keynesian school of economics?

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Data Analysis and Decision Making

ISBN: 978-0538476126

4th edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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