Determining the national saving


Suppose the multiplier is 3, the marginal tax rate is 20%, and the marginal propensity to consume out of disposable income is 0.9. If government spending increases by $10b, then national saving?

Request for Solution File

Ask an Expert for Answer!!
Macroeconomics: Determining the national saving
Reference No:- TGS062738

Expected delivery within 24 Hours