Refer to the above data.The 10 percent proportional tax on income would:
A)reduce the MPC from .6 to .54.
B)not affect the size of the MPC.
C)reduce the MPC from .6 to .5.
D)increase the MPC from .6 to .64.

Question

Refer to the above data.The 10 percent proportional tax on income would:
A)reduce the MPC from .6 to .54. 
B)not affect the size of the MPC. 
C)reduce the MPC from .6 to .5. 
D)increase the MPC from .6 to .64.

Quizplus · Accepted Answer

The Answer of  Refer to the above data.The 10 percent proportional tax on income would:
A)reduce the MPC from .6 to .54. 
B)not affect the size of the MPC. 
C)reduce the MPC from .6 to .5. 
D)increase the MPC from .6 to .64.

Refer to the Above Data