Question
Using the classical model of economics, what does a $500 stimulus check to every household in America, funded entirely by government debt, do to output,
Using the classical model of economics, what does a $500 stimulus check to every household in America, funded entirely by government debt, do to output, income, and employment and why? What does it do to the pre-tax real wage, consumption, and utility and why?
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International Marketing
Authors: Philip R Cateora, John Graham, Mary Gilly
18th Edition
1260547876, 9781260547870
