The tax cuts of 2017 increased the 2018 disposable income of households by roughly $200 billion. If the MPC were 0.9, Instructions: Enter your responses as a whole number. a. how much of this windfall...


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The tax cuts of 2017 increased the 2018 disposable income of households by roughly $200 billion. If the MPC were 0.9,<br>Instructions: Enter your responses as a whole number.<br>a. how much of this windfall was initially saved?<br>%24<br>180 O billion<br>b. how much AD stimulus resulted over time after all multiplier effects?<br>$ 2000<br>billion<br>

Extracted text: The tax cuts of 2017 increased the 2018 disposable income of households by roughly $200 billion. If the MPC were 0.9, Instructions: Enter your responses as a whole number. a. how much of this windfall was initially saved? %24 180 O billion b. how much AD stimulus resulted over time after all multiplier effects? $ 2000 billion

Jun 09, 2022
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