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Specification:
Click to read the article below and then answer the questions:
Ireland’s luxury problem: what to do with its €8.6bn surplus
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Summarize: Why is Ireland struggling to spend its €8.6bn surplus?
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What competing options are officials considering?
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According to the AD-AS model, what will happen if the government spends too much with an economy at full employment and inflation at 9.2 per cent?
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Imagine that you are an economic policy adviser in Ireland. How would you recommend spending the surplus? Explain
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Ariel Slonim at MRU’s Econ in the News