The 2001 fiscal policy package included roughly $38 billion in tax rebates that were mailed to taxpayers. By how much would aggregate demand shift (a) initially and (b) ultimately as a result of these rebates? (Assume MPC is 0.80.)
I already found a.) 30.4 billion
I'm having trouble finding b
Plz help me
I already found a.) 30.4 billion
I'm having trouble finding b
Plz help me