Answer to Question #20702 in Macroeconomics for magwaza cifire

Question #20702
in an income expenditure model with marginal propensity to import as 0.1 and income tax rate as 0.2, a decline of investment of $100 will lead to a decline in income of $200 if marginal propensity to consume is:
Expert's answer

Not answered

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS
paypal