The Keynesian Theory of Determination of National Income

Economics

How should we know when to calculate normal multiplier and when to calculate tax multiplier.

Harsh Mittal

CA Final

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30-Aug-22 02:04

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Answers (3)

When the tax function is given in the question Then - tax multiplier.

learn smart

CA Inter

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30-Aug-22 12:40

In two sector economy there are only two parties households, firms. But in case of 3 sector economy there are 3 parties households, firms,govt. So if there is govt there will be taxes.

Thanusha Lakshmi

CA Final

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30-Aug-22 19:33

Ok thankyou

Thread Starter

Harsh Mittal

CA Final

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03-Sep-22 02:17