Question
Choose 1 proposed spending idea from President Biden's infrastructure plan and explain it in terms of externalities. Decide whether or not the issue is a
Choose 1 proposed spending idea from President Biden's infrastructure plan and explain it in terms of externalities. Decide whether or not the issue is a positive or negative externality. Explain the proposal and your reasoning. Then, draw a graph correctly depicting the externality and how the proposal would address it.
Details about Biden's proposed infrastructure plan :
https://www.voanews.com/economy-business/economists-see-biden-infrastructure-plan-powering-growth-criticism-muted
https://www.nytimes.com/2021/03/31/business/economy/biden-infrastructure-plan.html
Please help, thank you !
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