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Fiscal stimulus is likely to be more effective when: a. The marginal propensity to spend on imports is small b. The marginal propensity to consume
Fiscal stimulus is likely to be more effective when: a. The marginal propensity to spend on imports is small b. The marginal propensity to consume is small c. The marginal tax rate is low d. The marginal propensity to save is high e. Both a and c are correct
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Intermediate Microeconomics and Its Application
Authors: walter nicholson, christopher snyder
11th edition
9781111784300, 324599102, 1111784302, 978-0324599107
