An opinion column in the New York Times quotes an economist's analysis of the effect of government

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An opinion column in the New York Times quotes an economist's analysis of the effect of government infrastructure spending on new bridges and highways in the United States: "The investment multiplier would give a further kick to the U.S. economy."
a. What does the economist mean by the "investment multiplier"?
b. Briefly explain what the economist means by saying that the investment multiplier would "give a further kick to the U.S. economy."
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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