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NYC NYC
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8 years ago
Assume that taxes depend on income. The MPC is 0.8 and t is 0.2. The government spending multiplier is:
A) 4.17.
B) 4.
C) 2.78.
D) 1.25.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
I was thinking the same, thank you
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