Question: The consumption function is defined as a C= 800 + (0.8)YD, the marginal income tax rate is t = 0.5, and autonomous investment decreases by
The consumption function is defined as a C= 800 + (0.8)YD, the marginal income tax rate is t = 0.5, and autonomous investment decreases by 50, then the budget surplus would be?
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C 800 08 YD t 05 10 decreases b... View full answer
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