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mattfury17 mattfury17
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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.
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Macroeconomics

Macroeconomics


Edition: 3rd
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rl679rl679
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A year ago
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mattfury17 Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Mkersey12
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Yesterday
Thank you, thank you, thank you!
linlinlin
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2 hours ago
Smart ... Thanks!
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