Question:

The government has decided on a tax rebate program to

Last updated: 5/19/2023

The government has decided on a tax rebate program to

The government has decided on a tax rebate program to stimulate the economy Suppose that you receive 1400 and you spend 90 of this and each person who receives what you spend in turn spend 90 of what they receive and this process continues indefinitely What is the total amount spent to the nearest dollar that results from this government action Total amount spent