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Former Fed Chair Ben Bernanke's policy guide: 1/4 point reduction in long-term interest rate = $50 billion fiscal stimulus Please round your responses to one

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Former Fed Chair Ben Bernanke's policy guide: 1/4 point reduction in long-term interest rate = $50 billion fiscal stimulus Please round your responses to one decimal place. Using the Bernanke's guide, how much would the Fed have had to reduce long-term interest rates to get the same stimulus as President Trump's $200 billion increase in government spending? % How much would the Fed need to increase long-term interest rates to get the same fiscal restraint as President Biden's 300 billion decrease in government spending? %

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