Since March 2020 (after the breakdown of Covid19) it is observed that people started to save more and consume less. The new statistics suggests that marginal propensity to save (MPS) increased to 0.45...

Since March 2020 (after the breakdown of Covid19) it<br>is observed that people started to<br>save more and consume less. The new statistics<br>suggests that marginal propensity to<br>save (MPS) increased to 0.45 from 0.30. Find and<br>interpret the new tax multiplier?<br>

Extracted text: Since March 2020 (after the breakdown of Covid19) it is observed that people started to save more and consume less. The new statistics suggests that marginal propensity to save (MPS) increased to 0.45 from 0.30. Find and interpret the new tax multiplier?

Jun 11, 2022

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Since March 2020 (after the breakdown of Covid19) it is observed that people started to save more and consume less. The new statistics suggests that marginal propensity to save (MPS) increased to 0.45...

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