The marginal propensity to consume and the marginal income, Econometrics

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The marginal propensity to consume and the marginal income

The marginal propensity to consume and the marginal income tax rate are 0.9 and 1/3, respectively. The budget deficit is observed to increase by 90.

a. What change in investment would account for this?

b. What change in government spending would account for this?

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Econometrics: The marginal propensity to consume and the marginal income

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Econometrics: The marginal propensity to consume and the marginal income

Reference No:- TGS0581575

Have a Question? (oR Write a Review)

Recent Questions Asked Econometrics

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Ask an Expert for Answer!!

Econometrics: The marginal propensity to consume and the marginal income

Reference No:- TGS0581575

Recent Questions Asked Econometrics

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