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# Suppose that Congress enacts a one-time-only 10% tax rebate that is expected to infuse Sy billion, 5 < y < 7,into the economy: If every person and every corpo...

## Question

###### Suppose that Congress enacts a one-time-only 10% tax rebate that is expected to infuse Sy billion, 5 < y < 7,into the economy: If every person and every corporation is expected to spend proportion â‚¬, 0.6 < â‚¬ < 0.8,of each dollar received, then; by the multiplier principle in economics, the total amount of spending S (in billions of dollars) generated by this tax rebate is given by S(v,y) What is the average total amount of spending for the indicated ranges of the values of â‚¬ a

Suppose that Congress enacts a one-time-only 10% tax rebate that is expected to infuse Sy billion, 5 < y < 7,into the economy: If every person and every corporation is expected to spend proportion â‚¬, 0.6 < â‚¬ < 0.8,of each dollar received, then; by the multiplier principle in economics, the total amount of spending S (in billions of dollars) generated by this tax rebate is given by S(v,y) What is the average total amount of spending for the indicated ranges of the values of â‚¬ and y? Round to the nearest tenth 520.8 billion S0.1 billion 5118.8 billion S8.3 billion

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