CHNNE TN RMCAME

Guppose the following liat of events deacribes sil of the econamic ectivty resulting from sn lincresse in government spending.

Guppose that st eoch atep siter the intisl one, the marginsl propenaty to conaume la $0\mathrm{.}56$ end the tex rate is $19\%.$

Step $0.$ The government spends $$4000$ on mest to hoat a very large dinner for foreign diplomata.

Step A$.$ The butcher tskes the income esrned by selling the mest, soves some, snd spends the rest on o wedding cake for hls

doughter

Step B$.$ The bower who produced the wedding coke soves some of her esrnings and uses the rest to purchsse beautiful

candleaticks sa gifta for sll of her friends.

Step C$.$ The locsl csndestick msker soves some of hls revenue for retirement and spencs the rest on bulding materisls to

Improwe his hause.

Instructions: Moolfy the settings In the intersctive tool to represent this event. Then click "Spending Rounds" and use the teble to

answer the following questons. Raund snawers to the nesrest cent, if necessary.

How much does the butcher eom for selling the mest? $

How much does the butcher spend on cake? $6$