Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
jlg71 jlg71
wrote...
Go to Answer
Posts: 140
Rep: 0 0
A year ago
Another part of the initial fiscal response to the Covid-19 recession were checks sent to every adult and child ($1200 per adult and $600 per child). Which of the following is NOT a reason why these checks might have a low fiscal multiplier?

▸ The government borrowing to fund these checks crowds out private investment.

▸ Since many parts of the economy are shut down, households are unable to spend to their checks on additional consumption.

▸ Many households save most or all of the checks rather than spending them because they are afraid an even bigger shock is on its way.

▸ The checks encourage households to buy more from online retailers.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 62 times
1 Reply
Replies
Answer verified by a subject expert
yoorimchiyoorimchi
wrote...
#1
Posts: 148
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

jlg71 Author
wrote...

A year ago
This helped my grade so much Perfect
mkyoungs
wrote...

Yesterday
You make an excellent tutor!
gage
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  916 People Browsing
 154 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 229
  
 291
  
 375
Your Opinion
How often do you eat-out per week?
Votes: 79
Previous poll results: What's your favorite funny biology word?