Suppose an endogenous tax variable is introduced in our Keynesian model, what will happen to the size

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Suppose an endogenous tax variable is introduced in our Keynesian model, what will happen to the size of the multiplier?

a. It will remain the same.

b. It will increase.

c. It will decrease.

d. The size of the multiplier and the tax rate are not related.

Related Book For answer-question

Quantitative Investment Analysis

ISBN: 978-1119104223

3rd edition

Authors: Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, David E. Runkle

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Posted Date: Jan 16, 2021 01:31 PM

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Suppose an endogenous tax variable is introduced in our Keynesian model, what will happen to the size

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ANSWER a It will remain the same It will remain the same as stated in the existing treaty The intent... View the full answer

Quantitative Investment Analysis

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