According to Bernanke's policy guide below, Bernanke's 1/4 point reduction in policy guide: long-term interest rate $50 billion fiscal stimulus What is the fiscal policy equivalent of a 0.5 percent cut in long-term interest rates? Instructions: Enter your response as a positive whole number (do not include a (-) negative sign). $ 200 billion Fiscal stimulus
According to Bernanke's policy guide below, Bernanke's 1/4 point reduction in policy guide: long-term interest rate $50 billion fiscal stimulus What is the fiscal policy equivalent of a 0.5 percent cut in long-term interest rates? Instructions: Enter your response as a positive whole number (do not include a (-) negative sign). $ 200 billion Fiscal stimulus
Chapter11: Fiscal Policy
Section: Chapter Questions
Problem 2.9P
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