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What is the difference between these two? Explain, please. Question 5 2 pts A given government spends $200 million to build a better highway system
What is the difference between these two? Explain, please.
Question 5 2 pts A given government spends $200 million to build a better highway system without changing taxes. Experts estimate that the value of the highway system is $150 million. If we calculate government debt in the standard way. we would say this project added $ _______ million in government debt, all else equal. {We'll reuse this information again in the next question. Note that your answer is given in millions, so if your answer is $99 million. enterjust 99 in the blank.) Question 6 Consider again the situation from the last question: A given government spends $200 million to build a better highway system without changing taxes. Experts estimate that the value of the highway system is $150 million. If we calculate government debt using the capital budgeting approach. we would say this project added $ _______ million in government debt, all else equal. [Note that your answer is given in millions, so if your answer is $99 million. enterjust '3'? in the blank.)Step by Step Solution
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