An economy is believed to have a marginal propensity to tax of 0.25, a marginal propensity...
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An economy is believed to have a marginal propensity to tax of 0.25, a marginal propensity to import of 0.2, and a multiplier value of 1.25. The value of the marginal propensity to consume is therefore: A 10.59 в 2 C D 0.02 0.2 An economy is believed to have a marginal propensity to tax of 0.25, a marginal propensity to import of 0.2, and a multiplier value of 1.25. The value of the marginal propensity to consume is therefore: A 10.59 в 2 C D 0.02 0.2
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Related Book For
Macroeconomics
ISBN: 978-1319120054
3rd Canadian edition
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
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