Using the above figure, which of the lines in the above diagram represents a progressive tax?

What is the social interest? Distinguish it from self-interest. In your answer give an example of self-interest and an example of social interest

What will be an ideal response?

If the marginal propensity to save (MPS) is 0.25, the value of the spending multiplier is:

a. 1. b. 2. c. 4. d. 9.