Social Studies, 19.10.2019 05:30, thebigman7993

Assume that the marginal propensity to consume out of disposable income is 0.8 and that the government taxes all income at a constant rate of 30 percent. if gross income increases by $100, consumption will initially increase by $44 a $56 b $70 c $80 d $

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Assume that the marginal propensity to consume out of disposable income is 0.8 and that the governme...