Suppose That the MPC Out of Disposable Income Was 0

question 27

Multiple Choice

Suppose that the MPC out of disposable income was 0.8 and the marginal tax rate was 0.25 for a given economy.In this case,the value of the tax multiplier in the simple Keynesian model would be

• A)1.
• B)-2.
• C)2.5.
• D)2.
• E)none of the above.

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Definitions:

Cultural Heritage

The legacy of physical artifacts and intangible attributes of a group or society passed down from generation to generation.

Cultural Groups

Collectives of people who share common language, traditions, behaviors, beliefs, or values, typically derived from a shared history or geographic location.

Attitudes

A settled way of thinking or feeling about something, typically reflected in a person's behavior.

Cultural Competency

The ability of healthcare providers and organizations to understand and effectively respond to the cultural needs and preferences of their patients.