When the federal government uses expenditures to stimulate the economy, it changes not only the present but the future as well. Use the AS/AD model and the production possibility curve to explore the probable near-term and long-term consequences of three alternative stimulus options: medical care for all Americans; an increased military presence across the Middle East to promote U.S. domestic tranquility; the development of oil-saving and climate-friendly energy alternatives. In your analysis be sure to include the effect of increased deficits on investment. (Institutionalist)