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Author Question: If the mpcd is 0.6, the tax multiplier is (Read 86 times)

cartlidgeashley

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on: May 25, 2020

Question 1

Let the mpcd = 0.75. The government increases its expenditure on the NHS by £500 million and simultaneously raises income taxes by £500 million. Aggregate demand in the economy will
◦ remain the same.
◦ rise by £125 million.
◦ fall by £125 million.
◦ rise by £500 million.

Question 2

If the mpcd is 0.6, the tax multiplier is
◦ -1.67.
◦ -0.67.
◦ -2.5.
◦ -1.5.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by cartlidgeashley on May 25, 2020

missalyssa26

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Reply #1 on: May 25, 2020
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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cartlidgeashley

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Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it

elyse44

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Reply 3 on: Yesterday
Gracias!

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