Solution-Marginal propensity to consumer

Marginal propensity to consumer

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Reference no: EM131220428

Assume that the government raises taxes by $100 billion. If the marginal propensity to consumer is .6, by how much will the following variables rise or fall.

(a) Public savings

(b) Private savings

(d) Investment

Reference no: EM131220428

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Marginal propensity to consumer

Reference no: EM131220428

Reference no: EM131220428

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