Large main-diagonal elements of the hat matrix (H) indicate

Fiscal Policy is consistent with which of the following Macroeconomic theories?

America currently has an AD Shortfall of $2,200 billion and the Marginal Propensity to Consume (MPC) is 0.80. The desired fiscal stimulus would be a tax cut that places an extra $ ___ of disposable income into the paychecks of working Americans.

Suppose the Marginal Propensity to Consume (MPC) for the US Population is 0.90. What is the value of the Expenditure Multiplier (EM)?

America currently has an AD Shortfall of $3,000 billion and the Marginal Propensity to Consume (MPC) is 0.75. The desired fiscal stimulus would be a $ ___ increase in government spending on income transfers.

America currently has an AD Excess of $900 billion and the Marginal Propensity to Consume (MPC) is 0.60. The desired fiscal restraint would be a tax hike that removes $ ___ from the paychecks of working Americans.

America currently has an AD Excess of $450 billion and the Marginal Propensity to Consume (MPC) is 0.90. The desired fiscal restraint would be a $ ___ decrease in government spending on income transfers.

America currently has an AD Shortfall of $1,000 billion and the Marginal Propensity to Consume (MPC) is 0.60. The desired fiscal stimulus would be a $ ___ increase in government spending on goods, services and public capital projects.

America currently has an AD Excess of $800 billion and the Marginal Propensity to Consume (MPC) is 0.75. The desired fiscal restraint would be a $ ___ decrease in government spending on goods, services and public capital projects.

Based on the information gathered in the interview, who would you want to inquire further about as a primary support system/caregiver for Ellen?