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Problem 12-09 (algo) The CARES Act of 2020 increased disposable income by $600 billion If consumers spent $460 billion of those income transfers immediately, Instructions:

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Problem 12-09 (algo) The CARES Act of 2020 increased disposable income by $600 billion If consumers spent $460 billion of those income transfers immediately, Instructions: In part a, round your response to two decimal places. In part b, round your response to the nearest whole number. o. what was the MPC? 077 b. how much stimulus would those income transfers ultimately provide? $

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