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Describe two expansionary fiscal policy that Congress has enacted since mid-March to offset economics dislocations of Covid-19? Include supporting numbers. Assuming that the marginal propensity
Describe two expansionary fiscal policy that Congress has enacted since mid-March to offset economics dislocations of Covid-19? Include supporting numbers. Assuming that the marginal propensity to consume is 0.5 calculate the magnitude of the fiscal multiplier? On an annual basis calculate the total impact each policy will have on GDP
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Microeconomics
Authors: Robert Pindyck, Daniel Rubinfeld
8th edition
978-0132870436, 132870436, 013285712X, 978-0133371178, 133371174, 978-0132857123
