I hope that by now you understand that people are not receiving money to stay at home, but to spend it so that the wheels of the economy do not fall apart. The money is given to everybody but with the biggest slice going to those with the highest marginal propensity to spend.
Marginal Propensity to Consume is the proportion of an increase in income that gets spent on consumption. ... MPC is typically lower at higher incomes. MPC is the key determinant of the Keynesian multiplier, which describes the effect of increased investment or government spending as an economic stimulus.
https://www.investopedia.com/terms/m/marginalpropensitytoconsume.asp
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I hope that by now you understand that people are not receiving...
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Charles Armstrong, CEO & Managing Director
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