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(b) Japans government will spend $132 billion on cash handouts to low-income earners and on infrastructure projects. CNBC, August 2, 2016. If Japan spends $66

(b) Japans government will spend $132 billion on cash handouts to low-income earners and on infrastructure projects. CNBC, August 2, 2016. If Japan spends $66 billion (half the total) on cash handouts and $66 billion on infrastructure projects, which of these expenditures would have the larger effect on equilibrium expenditure, other things remaining the same? Explain briefly.

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