Calculate the multiplier for the following cases.

Assume
that the MPC value as given shows the va...

Calculate the multiplier for the following cases. Assume that the MPC value as given shows the
value as a portion of national income, not disposable income. a. MPC = 0.9, MPM = 0.2, Tax
rate = 0.1 b. MPS = 0.2, MPM = 0.0, Tax rate = 0.3 c. MPS = 0.1, MPM = 0.4, Tax rate = 0.2 d.
What happens to the multiplier as a country imports a larger proportion of its income?

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