Mathematics, 02.03.2021 01:30 taygotclout4786
Instructions: Enter your responses as a whole number.
a. How much more did the average household spend on appliances, electronics, and furniture when it
received the 2008 tax rebate?
$ 91
b. If all 110 million households spent the same additional dollars on appliances, electronics, and
furniture as the sample 30,00 rebate-receiving households did so, how much did aggregate
consumption increase?
million
+
c. If the MPC was 0.9, how much would cumulative spending increase as a result?
million
Answers: 1
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Instructions: Enter your responses as a whole number.
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