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The first is a rapid deceleration of GDP growth – below, say, 7%.
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That's how much labor force growth is expected to slow, and it explains the lion's share — 70percentt — of the deceleration in GDP growth.
They spent...7.2% of GDP.
Both have deficits of 8-9% of GDP.
Pensions already swallow 12% of GDP.
Government debt is around 45% of GDP.
Growth of GDP has dipped to 4.5%.
Health care gobbles nearly 18% of GDP.
The deficit was 11% of GDP.
Subsidies amount to almost 15% of GDP.
It's about 6 percent of GDP.
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CEO of Professional Science Editing for Scientists @ prosciediting.com