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it is the share of government spending in total spending in the economy

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Q: What is the appropriate measure of government s involvement in economic activity?
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Related questions

Which economic system in government has the least amount of government involvement?

direct democracy


What are the reasons for government involvement in economic activities?

There are many reasons for government involvement in economic activities. The government would check activities to make sure that prices are fair, employment is fair, and the pay for employees is fair and equal.


What economic activity did not depend on the involvement of African Americans?

Dumb question. War bonds/government loans, auctioning, most merchants, etc, etc. Coulda used google.


What is a market-based economic system with limited government involvement?

CoosMonabowbaie


What is market based economic system with limited government involvement?

Market Economy


Which economic system is characterized by much government involvement lack of private ownership and elimination of economic classes?

planned


Which term refers to an economic system in which the government has as little involvement as possible?

laissez-faire


In which economic system do most members of the society have specific jobs with no government involvement?

traditional


Which economic system do most members of the society have specific jobs with no government involvement?

traditional


Which term refers to an economic system in which the government has a little involvement as possible?

laissez-faire


Actions taken by the federal government which influence economic activity are know as?

The economic actions taken by government are known as fiscal policy.


Government payments to protect or encourage economic activity?

Subsidy