An executive order called for a payroll tax deferment. This allows employees to not pay their portion of payroll taxes until Federal taxes are due on April 30. Describe the condition(s) are (is) necessary for this executive order to stimulate the economy? 

B. Draw the market graph assuming the condition(s) above and describe the equilibrium changes. 

C. Do you think this is an effective policy? Why or why not?

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The detailed answer for the above question is provided below A The condition necessary for this executive order to stimulate the economy is that the p... View the full answer