Multiple Choice
In a macro model where the marginal propensity to consume out of disposable income is 0.8,the net tax rate is 0.25,and the marginal propensity to import is 0.12,the simple multiplier will be
A) 0.480.
B) 1.471.
C) 1.923.
D) 2.083.
E) 2.110.
Correct Answer:
Verified
Correct Answer:
Verified
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