Trusted by Students Everywhere
Why Choose Us?
0% AI Guarantee

Human-written only.

24/7 Support

Anytime, anywhere.

Plagiarism Free

100% Original.

Expert Tutors

Masters & PhDs.

100% Confidential

Your privacy matters.

On-Time Delivery

Never miss a deadline.

To cope with Cavid-19, the Federal Government issued a $1

Economics Dec 17, 2020

To cope with Cavid-19, the Federal Government issued a $1.200 check to every ndult and additional $500 to ench child they have. Which of the following is not true? With the knowledge of marginal propensity to connume, most people will spend only a portion of the stimulus check. It will increase the government debit and contribute to the din-saving of the nation This is a fiscal policy implemented by the Department of Treasury To better help the economy especially to ease the unemployment, the government should provide more stimulus fund to businesses, rather than giving money directly to individuals.

Expert Solution

Question 6-

b)

It will increase the government debt and contribute to the dis-saving of the nation.

explaination-

(Even before the pandemic reached the U.S., the federal government was on track to add another $1.1 trillion dollars to the national debt by the end of September. Now, the coronavirus stimulus is expected to more than triple the original 2020 projected budget deficit to $3.5 trillion, based on estimates compiled by the Congressional Budget Office. )

Archived Solution
Unlocked Solution

You have full access to this solution. To save a copy with all formatting and attachments, use the button below.

Already a member? Sign In
Important Note: This solution is from our archive and has been purchased by others. Submitting it as-is may trigger plagiarism detection. Use it for reference only.

For ready-to-submit work, please order a fresh solution below.

Or get 100% fresh solution
Get Custom Quote
Secure Payment