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Author Question: Multiplier Effects of Transfer Payments and TaxesIf the marginal propensity to consume (MPC) is ... (Read 71 times)

allywil32

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Question 1

Multiplier Effects of Transfer Payments and Taxes

If the government purchases multiplier is 7, then the tax multiplier is ________.
◦ -7
◦ -3.5
◦ 6
◦ -6

Question 2

Multiplier Effects of Transfer Payments and Taxes

If the marginal propensity to consume (MPC) is 0.65, then the tax multiplier is ________. (Round to the nearest hundredth when appropriate.)
◦ -1.86
◦ 2.86
◦ 1.54
◦ -2.86


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Marked as best answer by allywil32 on Nov 23, 2022

avelasquez

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allywil32

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Reply 2 on: Nov 23, 2022
Excellent


rachel

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Reply 3 on: Yesterday
:D TYSM

 

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