If the marginal propensity to consume equals 0.80, the tax rate equals 0.20, and the marginal propensity to import equals 0.05, what is the value of the government purchases multiplier? The government...


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If the marginal propensity to consume equals 0.80, the tax rate equals 0.20, and the marginal propensity to import equals 0.05, what is the value of the government<br>purchases multiplier?<br>The government purchases multiplier is equal to<br>(enter<br>your response rounded to two decimal places).<br>

Extracted text: If the marginal propensity to consume equals 0.80, the tax rate equals 0.20, and the marginal propensity to import equals 0.05, what is the value of the government purchases multiplier? The government purchases multiplier is equal to (enter your response rounded to two decimal places).

Jun 07, 2022
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