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Macroeconomics 11th Edition by Michael Parkin
النسخة 11الرقم المعياري الدولي: 9780133423884Macroeconomics 11th Edition by Michael Parkin
النسخة 11الرقم المعياري الدولي: 9780133423884 تمرين 27
Use the following news clip to work the Problem.
Fiscal Stimulus for Growth
When China was hit by the global financial meltdown of 2008, its government increased spending on infrastructure investment, building miles and miles of expressway and subway systems.
What would be the effect on China's budget deficit and real GDP of increased government spending on infrastructure?
Fiscal Stimulus for Growth
When China was hit by the global financial meltdown of 2008, its government increased spending on infrastructure investment, building miles and miles of expressway and subway systems.
What would be the effect on China's budget deficit and real GDP of increased government spending on infrastructure?
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Impact of increase in government spendin...
Macroeconomics 11th Edition by Michael Parkin
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