Krugman's Economics For The Ap® Course
3rd Edition
ISBN: 9781319113278
Author: David Anderson, Margaret Ray
Publisher: Worth Publishers
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Question
Chapter 4R, Problem 3CTQ
To determine
To recommend the reallocation of the sum of $450 billion per year saved from interest payments on national debts.
Expert Solution & Answer
Explanation of Solution
Following are the recommendations that can be seen as the sector where government spending can flow due to interest savings on national debts: -
- The government can spend that amount on public sector infrastructures such as the library and public parks.
- The government can spend this amount on research work to tackle climate change problems.
- The government can use this amount to waive student loans which is a big problem in the country U.
- The government can allocate these to subsidize the very expensive healthcare sector.
- The government can spend this amount on research work for the cure of cancer and various life-threatening disease.
Chapter 4R Solutions
Krugman's Economics For The Ap® Course
Ch. 4R - Prob. 1MCQCh. 4R - Prob. 2MCQCh. 4R - Prob. 3MCQCh. 4R - Prob. 4MCQCh. 4R - Prob. 5MCQCh. 4R - Prob. 6MCQCh. 4R - Prob. 7MCQCh. 4R - Prob. 8MCQCh. 4R - Prob. 9MCQCh. 4R - Prob. 10MCQ
Ch. 4R - Prob. 11MCQCh. 4R - Prob. 12MCQCh. 4R - Prob. 13MCQCh. 4R - Prob. 14MCQCh. 4R - Prob. 15MCQCh. 4R - Prob. 16MCQCh. 4R - Prob. 17MCQCh. 4R - Prob. 18MCQCh. 4R - Prob. 19MCQCh. 4R - Prob. 20MCQCh. 4R - Prob. 21MCQCh. 4R - Prob. 22MCQCh. 4R - Prob. 23MCQCh. 4R - Prob. 24MCQCh. 4R - Prob. 25MCQCh. 4R - Prob. 1FRQCh. 4R - Prob. 2FRQCh. 4R - Prob. 3FRQCh. 4R - Prob. 1CTQCh. 4R - Prob. 2CTQCh. 4R - Prob. 3CTQCh. 4R - Prob. 5CTQ
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