economics question 7 4
1.Would you support the idea of renovating current airport infrastructure throughout the United States? What about decreasing federal taxes in the U..S.? Evaluate these two statements using economic rationale. Answer in couple sentences
and then below post agree or disagree within 2-3 sentences
2. Renovating current airport infrastructure throughout the United States would constitute an expansionary fiscal policy that would increase government spending and consequently elevate aggregate demand. This fiscal policy would help to create jobs and improve infrastructure which should have long term benefits. This is because inefficient airports can create a bottleneck for imports or exports and the movement of goods or people.
Please number all the answers as it is given in questions
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