Estimate the total amount of the drug present

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1. a) Compute the effect of a $22 billion federal income tax cut when the population's marginal propensity to consume is 90%.

b) What is the "multiplier" in this case?

2. A patient receives 3 milligrams of a certain drug each day. Each day the body eliminates 20% of the amount of drug present in the system. Estimate the total amount of the drug present after extended treatment, immediately after a dose is given.

Reference no: EM131009072

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