President Joe Biden plans to propose to the U.S. Congress an infrastructure investment plan (highways, bridges, tunnels,
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President Joe Biden plans to propose to the U.S. Congress an infrastructure investment plan (highways, bridges, tunnels, etc.) at a cost of about $2 trillion. To pay for this, he also plans to increase the tax rate on high-income earners as well as private corporations, although the details are yet to be worked out. How would you design an econometric study to assess the economic consequences, both short term and long term, of his proposal?
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