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a.The Australian government has recently announced a raft of fiscal expansionary/stimulus measures that will lead to a significant increase in the level of Australian government

a.The Australian government has recently announced a raft of fiscal expansionary/stimulus measures that will lead to a significant increase in the level of Australian government debt. Given the material presented in this course cover the pros and cons of government debt, we know that one view put forward is that 'government debt is bad'. Do you agree or disagree with this statement? Briefly justify your answer.(5 marks)

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