Question
In a closed economy (i.e. without exports and imports), the marginal propensity to save increases and tax rates remain unchanged. What effect will this have
In a closed economy (i.e. without exports and imports), the marginal propensity to save increases and tax rates remain unchanged. What effect will this have on the marginal propensity to consume and on the multiplier?
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Economic Change In Asia Implications For Corporate Strategy And Social Responsibility
Authors: M Bruna Zolin, Bernadette Andreosso O'Callaghan, Jacques Jaussaud
1st Edition
1317286650, 9781317286653
