4 The government decides to spend 70 percent of gross domestic product (GDP) in bailing out banks...
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4 The government decides to spend 70 percent of gross domestic product (GDP) in bailing out banks and investment banks, and claims that this is low risk because it is temporary and the government will get its money back.
(a) Is this really low risk? (b)
what else could the government have done with 70 percent of GDP that would have given the same or better return for less risk?
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