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A report to the White House identified that there was a recessionary gap of 950 billion dollars and also said that the MPC has decreased
A report to the White House identified that there was a recessionary gap of 950 billion dollars and also said that the MPC has decreased to 0.8 due to people staying indoors and high unemployment due to Covid. Please explain what size the stimulus package that will be recommended to Congress should be and show one positive and negative factor that would come if Congress decided to cut taxes instead of increasing government spending.
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