The following excerpt from a Wall Street Journal article,"Japan's Revival Bid Has Global Consequences" (http: / / goo.gl / umZMId):
"Mr.Abe's government has fired the first of the "three arrows" of Abenomics: It installed a new central-bank governor who has flooded the economy with money.The second arrow,fiscal policy,has only been half-fired.It has embarked on a fiscal stimulus,but hasn't yet announced a medium-term plan to raise taxes and cut spending."
Discuss the possible effects of Prime Minister Shinzo Abe's macroeconomic policy approach given that Japan's government debt is excessive.

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The Answer of The following excerpt from a Wall Street Journal article,"Japan's Revival Bid Has Global Consequences" (http: / / goo.gl / umZMId):
"Mr.Abe's government has fired the first of the "three arrows" of Abenomics: It installed a new central-bank governor who has flooded the economy with money.The second arrow,fiscal policy,has only been half-fired.It has embarked on a fiscal stimulus,but hasn't yet announced a medium-term plan to raise taxes and cut spending."
Discuss the possible effects of Prime Minister Shinzo Abe's macroeconomic policy approach given that Japan's government debt is excessive.

The Following Excerpt from a Wall Street Journal Article,"Japan's Revival