As announced by the Obama administration, part of the 2009 fiscal stimulus package was directed to making

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As announced by the Obama administration, part of the 2009 fiscal stimulus package was directed to making broadband Internet access available to most Americans.

a) Should this plan be considered government consumption or government investment?

b) Describe the effect of such expenditures on the government debt burden.

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Macroeconomics Policy And Practice

ISBN: 978-0133424317

2nd Edition

Authors: Frederic Mishkin

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Question Posted: Feb 20, 2024 04:00 AM

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As announced by the Obama administration, part of the 2009 fiscal stimulus package was directed to making

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a Broadband internet access provision falls somewhere between government consumption and government investment Traditionally pure consumption involves ...View the full answer

Macroeconomics Policy And Practice

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