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★ѕραndavir ★ѕραndavir
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6 years ago
Suppose the only leakages are savings and taxes. The tax rate is 0.2 and the multiplier is 1.92. These values imply that the marginal propensity to consume is
A) 0.32.
B) 0.60.
C) 0.68.
D) 0.8.
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Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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#2
6 years ago
Can you show how this is possible.
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