Explain the long-run impact of this increase in spending

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The recent financial crisis has led to an unprecedented increase in government spending across the world. Explain the long-run impact of this increase in spending on an economy like the U.S.. Is the impact on a country like Singapore would be different? Does it matter whether this increase in spending is temporary or permanent? Explain.

Reference no: EM131007617

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Explain the long-run impact of this increase in spending : The recent financial crisis has led to an unprecedented increase in government spending across the world. Explain the long-run impact of this increase in spending on an economy like the U.S.. Is the impact on a country like Singapore would be differe..

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