What are the advantages of government spending on public works, as compared with transfer payments, as a

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What are the advantages of government spending on public works, as compared with transfer payments, as a means of alleviating a trough? What are the disadvantages of this approach?

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Basic Economics

ISBN: 978-1111826642

16th edition

Authors: Frank V. Mastrianna

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Question Posted: Mar 08, 2018 09:58 AM

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What are the advantages of government spending on public works, as compared with transfer payments, as a

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For the economy as a whole spending on public works produces the greater multiplier effect and may i...View the full answer

Basic Economics

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