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Business, 30.10.2021 15:00 wannaoneisforever

simates of the MPC in the US are often somewhere between 0.6 and 0.8. Suppose that the weighted average of the MPC across the population is 0.62. If someone were to receive an untaxed stimulus check from the federal government for $1,200, how much would that increase GDP, according to the simple expenditures multiplier formula

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