Before COVID-19, households used to spend 0.85 dollars with a $1 increase in their income.
However, due to the economy-wide lockdown, now households only spend 0.65 dollars with a $1
increase in their income. In order to boost the economy during the pandemic, the government is
considering to spend $1,944. In this case, the amount of rightward shift in aggregate demand
during pandemic as a result of $1,944 government spending decreased by $______________
compared to the pre-COVID time. (NO NEGATIVE SIGN.).
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Before COVID19 households used to spend 085 dollars with .pdf
1. Before COVID-19, households used to spend 0.85 dollars with a $1 increase in their income.
However, due to the economy-wide lockdown, now households only spend 0.65 dollars with a $1
increase in their income. In order to boost the economy during the pandemic, the government is
considering to spend $1,944. In this case, the amount of rightward shift in aggregate demand
during pandemic as a result of $1,944 government spending decreased by $______________
compared to the pre-COVID time. (NO NEGATIVE SIGN.)
