Infrastructure projects result in the most value from a fiscal stimulus but a problem is that
a. there are technological issues that need to be solved.
b. they are too complex to implement.
c. most such projects are "prestige" projects, with little tangible value.
d. most such projects do not increase productivity long into the future.
e. most such projects are not "shovel ready" when the stimulus is needed.
E
You might also like to view...
A price cut will increase the revenue a firm receives if the demand for its product is
A. elastic. B. inelastic. C. unit elastic. D. straight elastic.
Refer to the above figure. Which panel does not represent a possible short-run situation for a monopolistically competitive firm?
A) Panel A B) Panel B C) Panel C D) Panel D
Refer to Table 5.2, which gives cost information for the production of widgets. Some values are missing, however. Which of the following is true?
A. A=45, E=40 B. A=75, E=40 C. A=45, E=10 D. A=75, E=10
Refer to the above figure for the individual firm in a perfectly competitive market. If the firm's average costs are given by AC3, then
A. the industry supply curve will shift rightward. B. the industry demand curve will shift rightward. C. the industry supply curve will shift leftward. D. none of these.