Foundations of Economics (8th Edition)
Foundations of Economics (8th Edition)
8th Edition
ISBN: 9780134486819
Author: Robin Bade, Michael Parkin
Publisher: PEARSON
Question
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Chapter 32, Problem 3IAPA
To determine

To explain:

The effect of the government expenditure on highways and bridges on needs-tested spending and the government's budget balance.

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How will the deficit for the bottom line budget of $3.1 trillion affect the economy?
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