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Assume that the marginal propensity to consume (c1) in an economy is 0.90. What is the value of tax multiplier ? A. 5 B. 1
Assume that the marginal propensity to consume (c1) in an economy is 0.90. What is the value of tax multiplier ?
A.
5
B.
1
C.
9
D.
10
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