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Discuss the impact of the following three government actions on the current and future U.S. GDP: (1) the government buys $500 billion worth of orange
Discuss the impact of the following three government actions on the current and future U.S. GDP:
(1) the government buys $500 billion worth of orange juice and pour it down the drain?
(2) the government buys $500 billion worth of bombs and drop them in the ocean?
(3) the government spends $500 billion to improve our schools, public transit, roads, bridges, and other infrastructures?
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