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Consider an economy experiencing an increase of autonomous consumption by $100 million. In this economy where the MPC is 0.7, the proportional tax rate is
Consider an economy experiencing an increase of autonomous consumption by $100 million. In this economy where the MPC is 0.7, the proportional tax rate is 0.25 and the marginal propensity to import is 0.2, the final impact on equilibrium GDP is: a. . S333 million O b. $210 million O c. $67.5 million O d. $235 million O e. $148 million
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
