If the Marginal Propensity to Save Is 0

question 186

Multiple Choice

If the marginal propensity to save is 0.3, the tax multiplier is:

• A) - 2.33.
• B) - 1.67.
• C) - 1.5.
• D) - 2.5.

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Definitions:

Patients

People who receive medical treatment or care from healthcare professionals.

Subsequently

Occurs after a particular event or time; following in time or order.

Cognitive

Pertaining to the mental processes involved in gaining knowledge and comprehension, including aspects such as thinking, knowing, and remembering.

Affective

Related to emotions or feelings, influencing people's responses and behaviors towards stimuli.