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Which of the following projects is likely to lead to the largest permanent increase in equilibrium output?
a summer-project to repair roads
government aid to help flood victims
a new Community College is built with government funds
the government gives a one-month increase in welfare payments
A community college is a permanent government expenditure that is funded year after year. The other examples of government expenditures are temporary.
By: Jyoti Das ProfileResourcesReport error
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