Question: e. 5. Consider a stimulus program that intends to spend $300 billion every year, for thi ears. Assume a 3% discount rate. What is the

e. 5. Consider a stimulus program that intends to spend $300

e. 5. Consider a stimulus program that intends to spend $300 billion every year, for thi ears. Assume a 3% discount rate. What is the present value of the program? (Do this show your work.)

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