The Income Multiplier Case Solution
This is a Darden case study. This note provides a summary of fiscal policy programs and GDP is influenced by fiscal policy through the income multiplier.The mechanisms behind the income multiplier are described and an algebraic derivation is supplied. The note also provides examples of how parameters related to disposable income (e.g., the tax rate and marginal propensity to consumer) determine the magnitude of the income multiplier.
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
PUBLICATION DATE: August 23, 2002 PRODUCT #: UV0483-PDF-ENG
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