Japans government will spend $132 billion (13.5 trillion yen) on cash handouts to lowincome earners and on

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Japan’s government will spend $132 billion (13.5 trillion yen) on cash handouts to lowincome earners and on infrastructure projects.

If Japan spends $66 billion (half the total) on cash handouts and $66 billion on infrastructure projects, which of these expenditures would have the larger effect on equilibrium expenditure, other things remaining the same?

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Macroeconomics

ISBN: 978-0134853307

10th Edition

Authors: Michael Parkin

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