1. The economists argued that a program focused on stimulating investment would be healthy for the economy even if it increased the deficit in the short term, and that cutting income taxes would be exactly the wrong approach. 
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3. a. What healthy things would higher investment engender? 
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5. b. How might it not increase the deficit in the long term? 
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7. c. How does cutting income taxes differ?

Answer rating: 100% (QA)

a Higher investment can engender several positive outcomes for the economy 1 Increased Productivity Higher investment in capital goods technology research and development and infrastructure can enhanc... View the full answer