Advanced Placement (AP)
Advanced Placement (AP), 23.10.2020 19:10, makenna72

A high marginal propensity to consume implies which of the following? A high marginal tax rate
A low marginal propensity to save
An equilibrium level of income near full employment
A high savings rate
A small change in consumption when income changes

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Answers: 2

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A high marginal propensity to consume implies which of the following? A high marginal tax rate

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