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Question 4 [Suppose that the government allocates more funding to universities for vaccine research. Assuming there is no change in government tax revenue, and holding
Question 4 [Suppose that the government allocates more funding to universities for vaccine research. Assuming there is no change in government tax revenue, and holding constant all other factors in the economy, this policy is likely to have a positive effect on private investment in the economy. \"Private investment" refers to investment in physical capital by firms and residential investment by households. (Hint: think about the effect of this policy in Loanable Funds Market). (100 words) Your answer: [True/False/Uncertain and explain why]
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