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pls do all only if you know dont guess them!! Refer to the above data. The budget deficit in rear 2 is: Before COVID-19, households
pls do all only if you know dont guess them!!
Refer to the above data. The budget deficit in rear 2 is: Before COVID-19, households used to spend 0.85 dollars with a \$1 increase in their income. However, due to the economy-wide lockdown, now households only spend 0.64 dollars with a $1 increase in their income. In order to boost the economy during the pandemic, the government is considering to spend \$1,279. In this case, the amount of rightward shift in aggregate demand during pandemic as a result of $1,279 government spending decreased by compared to the pre-COVID time. (NO NEGATIVE SIGN.) Step by Step Solution
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