answer the following question: Was gov- ernment investment used as stabilisation policy following the slow-down kicking in during 2008 (the year to March 2009)? (Note, you only need to discuss this in terms of our demand model of Income-Expenditure, IS-MPR, and Aggregate Demand.)
answer the following question: Was gov- ernment investment used as stabilisation policy following the slow-down kicking in during 2008 (the year to March 2009)? (Note, you only need to discuss this in terms of our demand model of Income-Expenditure, IS-MPR, and Aggregate Demand.)
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question

Transcribed Image Text:Real Private Investment (ex invei Real Government Investment
Private investment per capita
Government investment per capita
25,229
8,557
29,539
9,127
32,242
9,567
32,933
11,338
33,478
9,975
36,303
10,519
31,871
11,642
27,013
12,186
28,194
12,480
30,985
12,166
34,489
11,073
37,642
12,221
41,117
12,779
42,866
13,109
44,298
13,097
47,167
14,372
50,723
14,334
51,385
14,512

Transcribed Image Text:answer the following question: Was gov-
ernment investment used as stabilisation policy following the slow-down kicking in
during 2008 (the year to March 2009)? (Note, you only need to discuss this in terms
of our demand model of Income-Expenditure, IS-MPR, and Aggregate Demand.)
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