000 00-50,000 00-80.000 0.9 0.8 0.75

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
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Chapter18: Debates In Macroeconomics Over The Role And Effects Of Government
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Calculate the government spending and tax multipliers for each income bracket, considered separately.
MPC
Tax Multiplier
Income/spending
Multiplier
Household income
0-$30,000
$31,000-50,000
$51,000-80,000
$80,000 and above
0.9
0.8
0.75
0.6
Transcribed Image Text:Calculate the government spending and tax multipliers for each income bracket, considered separately. MPC Tax Multiplier Income/spending Multiplier Household income 0-$30,000 $31,000-50,000 $51,000-80,000 $80,000 and above 0.9 0.8 0.75 0.6
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