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Author Question: Taxes are increased by $50 billion and income decreases by $300 billion. The value of the tax multiplier is (Read 82 times)

formula1

  • Hero Member
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  • Posts: 666
on: Apr 19, 2019

Question 1

If the 
MPC is 0.6, the tax multiplier is


◦ -0.6.
◦ -1.5.
◦ -2.5.
◦ -4.

Question 2

Taxes are increased by $50 billion and income decreases by $300 billion. The value of the tax multiplier is


◦ -3.
◦ -5.
◦ -6.
◦ -15.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by formula1 on Apr 19, 2019

chem1s3

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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formula1

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

lindahyatt42

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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