If in an economy,the marginal tax rate = 0.1,the marginal propensity to save = 0.25,and the marginal propensity to import = 0.05,what is the value of the marginal propensity to expend?
A) 0.4
B) 0.5
C) 0.6
D) 0.65
E) 0.7
Correct Answer:
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