Question
First, you need to watch this 5 minute video that concisely illustrates theJacksonvilleHarbor Deepening Project. https://www.jaxport.com/corporate/major-growth-projects(Links to an external site.) Click on the center of
First, you need to watch this 5 minute video that concisely illustrates theJacksonvilleHarbor Deepening Project.
https://www.jaxport.com/corporate/major-growth-projects(Links to an external site.)
Click on the center of the screen and a red rectangle playbutton will appear.
Then, answer both of the following questions:
1) How is the idea of the government spending multiplier (discussed in Module 7), or multiplier effects in general, illustrated in this video?
2) What could happen to Jacksonville MSA's local economy and the Southeast region if such a major project, which was initiated in June 2014, is completed and all needed state funding is secured?
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