Business, 06.08.2019 04:30 partykidjeremsih
1. according to the keynesian-cross analysis, if mpc stands for marginal propensity to consume, then a rise in taxes of t will:
a. decrease equilibrium income by t.
b. decrease equilibrium income by t / (1 – mpc).
c. decrease equilibrium income by t (mpc) / (1 – mpc).
d. not affect equilibrium income at all.
Answers: 3
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Business, 22.06.2019 20:00
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Business, 23.06.2019 06:30
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1. according to the keynesian-cross analysis, if mpc stands for marginal propensity to consume, then...
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