4 ms·
I guess we can agree that the money is shifted downwards in the income spectrum relative to where it was before. Other things equal, lower-income households hav
by nhaehnle 13y ago
I guess we can agree that the money is shifted downwards in the income spectrum relative to where it was before. Other things equal, lower-income households have a higher marginal propensity to consume. So shifting money downwards will boost consumption.