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Macro & Microeconomics Essay

Keystone XL Pipeline
There is need to build the pipeline since it assures of reducing the environmental impacts which could result from use of railway (Chang, 9).Economically, the project proves viable in increasing the cash flows of the national economy and the overall number of investors in the country. Usually, pipeline is a source of steady and stable cash flows as compare to any other means of transport. In this case, a country has to consider the volume of oil to be transported and the immediate returns from
Pages: 5 (1250 words), Essay
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Keynesian economists
Insufficiency in aggregate demand comes about when the spending of all these sectors reduces. The government is in a position to solve the problem of insufficient aggregate demand through active policies like fiscal stimulus package and job creation, which increases spending and restores aggregate demand. Many theories against government interference with business find unbalanced government budgets disturbing for the economy (Higgins, 2013). Nonetheless, Keynesian economists find that
Pages: 5 (1250 words), Essay
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