Homework SourseC No change C An increase C It will definitely improve Artic
C. No change
C. An increase
C. It will definitely improve
| Article 3 - Budget 2017: $75b infrastructure spending spree to include Snowy Hydro buy-back - SMH. Date: 9 May 2017 http://www.smh.com.au/business/federal-budget/budget-2017-75b-infrastructure-spending-spree... |
Solution
3.1) answer , budget deficit in short run will increase, bcoz govt expenditure & investment expenditure increases in short run , to finance for public capital formation.
3.2) total income & tax revenue in long run will increase, bcoz the investment gets fruitful & provides returns in long run.
3.3) budget deficit will improve in long run, answer:c)
