ajwalker6191 ajwalker6191

22-03-2024
Business

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Suppose the MPC is 0.75, the net income tax rate is 0.2, and the marginal propensity to import is 0.1. What is the induced expenditure?
a) 0.75Y
b) 0.5Y
c) 0.65Y
d) 0.8Y

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