If the AD shortfall is $100 billion and the MPC is 0.8, Instructions: Enter your responses rounded to one decimal place. a. How large is the desired fiscal stimulus? $ 20 billion b. How large an income tax cut is needed? $ billion c. Alternatively, how much more government spending would achieve the target? $ billion
+3
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If the AD shortfall is $100 billion and the MPC is 0.8, Instructions: Enter your responses rounded to one decimal place. a. How large is ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » If the AD shortfall is $100 billion and the MPC is 0.8, Instructions: Enter your responses rounded to one decimal place. a. How large is the desired fiscal stimulus? $ 20 billion b. How large an income tax cut is needed? $ billion c.