Someone is retiring next year. what would be an appropriate amount of risk to take with their investments?a. highest risk, highest growthb. medium risk, medium growthc. lower risk, lower growthd. no risk. just savings accounts

for starters, there is the structural trend of rising primary government expenditure as a share of gdp, which reached 36% in 2014, up from 22% in 1991. this increase reflected a political desire to address the poverty and inequality that had gone unaddressed during previous decades. to support the increase, brazil’s government increased taxes on consumption and promoted progress toward labor-market formalization. nonetheless, public investment, particularly in infrastructure, took a hit. in fact, with the exception of the 2005-2008 period, total investment as a share of gdp has remained below 20% since 1991.

a 3 branch government