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Consider the consumption function C = 80 + (1/2)(Y-20). Which of the following is false? Group of answer choices The marginal propensity to save is
Consider the consumption function C = 80 + (1/2)(Y-20). Which of the following is false? Group of answer choices The marginal propensity to save is The multiplier is 2 Net taxes are 20 A $1 increase in autonomous spending will increase equilibrium GDP by $3
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Managerial economics applications strategy and tactics
Authors: James r. mcguigan, R. Charles Moyer, frederick h. deb harris
12th Edition
9781133008071, 1439079234, 1133008070, 978-1439079232
