expand icon
book Economics for Today 9th Edition by Irvin Tucker cover

Economics for Today 9th Edition by Irvin Tucker

النسخة 9الرقم المعياري الدولي: 978-1305507111
book Economics for Today 9th Edition by Irvin Tucker cover

Economics for Today 9th Edition by Irvin Tucker

النسخة 9الرقم المعياري الدولي: 978-1305507111
تمرين 11
Mathematically, the value of the tax multiplier in terms of the marginal propensity to consume (MPC) is given by the formula
A) MPC ? 1.
B) (MPC ? 1) MPC.
C) 1/MPC.
D) 1? [1/(1 ? MPC)].
التوضيح
موثّق
like image
like image

Multiplier can be written as follows: blured image...

close menu
Economics for Today 9th Edition by Irvin Tucker
cross icon