Keynesian cross model diagram and equation


Question: Using the Keynesian Cross model diagram and equation (Y= C+I+G+X-M), critically and briefly illustrate the short run and long run economic impact of 2005 National Highway and Mass Transit Bill of $300 billion to be spent over the next five years. The impact will be in terms of major macroeconomic variables of US economy.

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Macroeconomics: Keynesian cross model diagram and equation
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