Question: Read the following article from The Conversation to help answer the following questions. We asked 13 economists how to fix things. All back the RBA

Read the following article from The Conversation to help answer the following questions.

We asked 13 economists how to fix things. All back the RBA governor over the treasurer

By Peter Martin 04 Nov 2019

https://theconversation.com/we-asked-13-economists-how-to-fix-things-all-backthe-rba-governor-over-the-treasurer-126283

Using the AD-AS framework discussed in class, demonstrate the impacts of spending on infrastructure on output and inflation in the short-run.

Also explain the likely impact on output in the long-run.

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