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what is the tax multiplier implied by the MPC for total consumption for the six months after the EIP1 checks were sent for total consumption?a)

what is the tax multiplier implied by the MPC for total consumption for the six months after the EIP1 checks were sent for total consumption?a) 1.82b) 0.14c) 0.82d) 1.5

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Figure 1. Point Estimates of Cumulative Marginal Propensity to Consume 0.60 0.6 First 3 months Second 3 months 0.5 0.45 04 031 0.2 0.15 0.12 0.1 0.03 0 -0.1 NDS NDS NDS Total EIPI EIP2 EIP3 EIPT Source: Author's calculations, using data from table 4 an p. 1 15 Note Bar Isheled "NDS" show estimates of the respond of nondun the first, second, and third rounds of ElPs, bars labeled "Toud" shit consumption to the first, second, and third rounds

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