Question
If taxes are increased by a set number of dollars at each level of income, will the consumption at each level of income decrease by
If taxes are increased by a set number of dollars at each level of income, will the consumption at each level of income decrease by the amount of the tax multiplier by the marginal propensity to consume?
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World Economic And Social Survey 2012 In Search Of New Development Finance
Authors: United Nations Department Of Economic And Social Affairs
1st Edition
9210555112, 9789210555111
