- If The Mpc Is 0 2 The Tax Rate Is 10 A 200 Billion Increase In Investment Expenditure Will Increase Equilibrium Incom 1 (32.7 KiB) Viewed 80 times
If the mpc is 0.2, the tax rate is 10%, a 200 billion increase in investment expenditure will increase equilibrium income by O 714.2 O 1.111 O277.7 O 500 Question 43 An increase in the income tax rate will the aggregate expenditure curve shift up parallel Oshift down parallel O rotate the curve upward A O rotate the curve downward Question 44 An example of a transfer payment is O government spending on roads and bridges Opell grant to students Ostudent loans O government pension plan 1 pm