Which point does each program move the person to

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1. Which point A-E, does the person start off at before the stimulus payment of the institution of the child tax credit?

2. Which point does each program move the person to? Answer for each program independently

3. Which pattern of consumption will the person choose given the Permanent Income Hypothesis? Which point on the graph matches this pattern of consumption? Explain

4. If the goal of the 2 programs is to increase the current demand for goods and services, Aggregate Demand in Macro-speak, to prevent a virus related recession, which program is better? Explain

Reference no: EM133063125

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