Keynesian Cross model diagram and equation
Using the Keynesian Cross model diagram and equation, critically and briefly illustrate the short run and long run economic impact of recently passed 2005 National Highway & Mass Transit Bill of $300 billion to be spent over the next five years. (Hint: The impact will be in terms of major macroeconomic variables of US economy.)
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Solution Summary
Keynesian Cross model diagram and equation are applied.
$2.19