Drawing on examples from Gail Radford’s book explain how she discusses the role of federal, state, and local (municipal) government agencies in promoting economic development in the US.

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Drawing on examples from Gail Radford’s book explain how she discusses the role of federal, state, and local (municipal) government agencies in promoting economic development in the US. Why is the “short run versus long run” dichotomy, with regard to the role of government in the economy (a key issue in the Hall and Lieberman textbook), very problematic?