Understand and explain how the US Infrastructure Investment and Jobs Act of 2021 will affect the USA economy and GDP
Instructions:
With the $1.2 trillion US Infrastructure Investment and Jobs Act (IIJA) signed into law on Monday, 11/15, we need to take time to explain the impact of this policy. Your task is to analyze the bill and explain how it will impact Aggregate Demand (GDP). This includes looking into where the money is going, who is receiving it (and why), and what the downstream impact to Aggregate Demand will be.
Strong economic analysis of an issue uses appropriate supportive data evidence. Data evidence helps you determine if the changes of the policy are likely to be large or small. Is there is a pressing need addressed by the policy? How do we know? What will potentially happen to Aggregate Demand? This assignment will expose you to the usefulness of data evidence in providing context to your analysis about the policy.
Some things you may want to touch on:
SEE ATTACHED DOC
