The global economy is in bad shape and getting worse, the world economy is growing slowly and
Question:
The global economy is in bad shape and getting worse, the world economy is growing slowly and productive public investment that boosts both the demand and supply sides of the economy is not being used, either because debts are high or because governments are misguidedly pursuing austerity.
Explain the effects of public investment on aggregate demand and supply.
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Public investment has two separate effects an immediate effect on aggregate demand ...View the full answer
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