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Suppose, in 2024 the Minister of Finance inWoodland Republicadvises the World Bank that in order to increase rice production and tractor manufacturing, each sector requires

Suppose, in 2024 the Minister of Finance inWoodland Republicadvises the World Bank that in order to increase rice production and tractor manufacturing, each sector requires AUD50 billion, or a total of AUD100 billion. This AUD100 billion is made available by the World Bank. Explain the impact of these AUD100 billion budgetary allocations to the economy ofWoodland Republic. (2 Marks)

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