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suppose that due to the corona virus shutdown US real gdp is 250 billion below potential...

suppose that due to the corona virus shutdown US real gdp is 250 billion below potential GDP. An estimate for the saving multiplier is .25. enter your answers two decimal places.

if the government wanted to close the gap by changing spending, it would need to increase spending by ____ billion

if the government wanted to close the gap by changing taxes, it would need to decrease taxes by ____ billion

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