When a recession begins, if the federal government spent tens of billions of dollars on a highway

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When a recession begins, if the federal government spent tens of billions of dollars on a highway building program and consequently ran a large defi cit, how would this fi scal policy measure be judged by each of the fi ve main schools of 20th century economic thought?

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Economics

ISBN: 125375

10th Edition

Authors: Stephen Slavin

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