What's the tax multiplier if MPC = 0.75?

a. –4
b. –3
c. 0.33
d. 3
e. 4

B

Economics

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What is the natural rate hypothesis?

What will be an ideal response?

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Using the above table, moving from alternative C to alternative B, what is the opportunity cost of one loaf of bread?

A) 1 pizza pie B) 30 pizza pies C) 2 pizza pies D) 0.5 pizza pie

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