Sunday, August 7, 2011

Please can someone help me with this calcuation - MPC (marginal propensity to consume!)?

If the MPC is 0.8 and government levies a net income tax rate of 0.3 then the MPC out of disposable income becomes: a) 0.56 b) 0.24 c) 0.5 d) 0.6

No comments:

Post a Comment