Buy custom Government Expenditures In Recession
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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1260 |
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According to research by Bernard Schwartz Chairman and CEO of BLS Investments for every one dollar spent by the government in the form of tax cuts or rebates the GDP (Gross Domestic Product, an indicator of a nation’s economic output) can be expected to increase by sixty seven cents where as for every dollar spent on infrastructure the GDP can be expected to increase by one dollar and fifty nine cents...
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This large difference makes clear the efficiency of using infrastructure investment as a means of stimulating growth in a troubled economy but the advantages stretch further.
Expenditures on infrastructure are not only a positive tool in rebounding the country from struggling economic times but also have a positive long term affect on the country as a whole because the money being spent is an investment in the nation itself...
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General points of the essay
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