Question

the national income identity: Y=C+I+G+(X-M) where Y is output(or income); C is consumer expenditure; I is planned expenditure; G is government expenditure; X is exports of goods and services; M is imports of goods and services; T is taxes. C=300+0.75Yd; I=500; G=800; X=600; M=350+0.15Y and T=0.1Y what is the marginal propensity to tax

Answer 1

Answer:

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Explanation:

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