Multiple Choice
If the MPS is 0.1 and the income tax rate is 0.33,and the fraction of income spent on imports is 0.25,then the multiplier is
A) 2.5.
B) 1.47.
C) 1.51.
D) 1.55.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q28: Suppose that along the economy-wide rate-of-return line,the
Q29: Figure 3-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2645/.jpg" alt="Figure 3-2
Q30: Which element of total planned expenditure is
Q31: The multiplier is defined as the ratio
Q32: The owner of Speedee Copy Center calculates
Q34: In the consumption function C = a
Q35: Income on the horizontal axis at which
Q36: Assume that all taxes are lump-sum,net exports
Q37: On a diagram of the planned expenditure
Q38: As used in this text,"autonomous" variables are<br>A)spontaneous