Question
Suppose that we know that the Marginal Propensity to Consume was equal to 80%, the Marginal Propensity to Import was 10%, and the government's tax
Suppose that we know that the Marginal Propensity to Consume was equal to 80%, the Marginal Propensity to Import was 10%, and the government's tax rate was equal to 20%.
What is the slope of this AEF?
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
