Our income tax receipts currently account for 8 per cent of GDP approximately. |
What rate of GDP expansion would today be necessary to balance the California budget? |
Aid as a share of GDP is the yardstick that is typically used for international comparisons. |
I don't know offhand, but if you do not adjust for inflationary effects and the GDP you are whistling in the wind. |
Figure 4 shows five-year moving averages of the mean absolute value of the ratio of the current account balance to GDP for twelve countries. |
Instructions for joining and information about the GDP can be found on their web site. |