The government will be facing major macroeconomic challenges post COVID which require coordinated Fiscal and Monetary stimulus. Government spending on infrastructure projects is among the top priorities for a fiscal stimulus. Infrastructure—for example, transportation, power, water, and telecom systems are major macroeconomic activity to help stimulate economic growth. Some economist estimates that $1 spent on infrastructure can lead GDP to grow by $0.2 or 20%. Write 5-7 pages anayltical paper using macroeconomic concepts that you learned in this course to critically analyze the following :-
Brief economic descriiption of the different fiscal policy options on infrastructure spending with the most social benefits.
Provide macroeconomic critical analysis of how the government could quantify benefits to the society from infrastructure spending in terms of employment,inflation, aggregate demand, local economic development , labor skills , labor productivity and tax collections.
Analyze the economically efficient ways of financing these projects and the impact on public debt.