![Question 3 [12]
A large share of the growing expenditure in South Africa goes towards the remuneration of
employees (the so-called wage bill). Explain how unbalanced productivity growth (according to
Baumol's unbalanced productivity growth model) affects government expenditure and briefly
comment on its relevance to South Africa.](https://image.slidesharecdn.com/question312alargeshareofthegrowingexpenditureinsouth-230328171836-05b54be4/85/question-3-12a-large-share-of-the-growing-expenditure-in-southpdf-1-320.jpg)
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Question 3 [12]A large share of the growing expenditure in South.pdf
- 1. Question 3 [12] A large share of the growing expenditure in South Africa goes towards the remuneration of employees (the so-called wage bill). Explain how unbalanced productivity growth (according to Baumol's unbalanced productivity growth model) affects government expenditure and briefly comment on its relevance to South Africa.