Answer:
14,793
Step-by-step explanation:
so to find 15% of 54,237, we use this equation: (x/54237) = (15/100) where x is the amount of income tax.
cross multiply: 100x = 813555
divide each side by 100 to isolate x: 8135.55
the truck driver will pay $8135.55
Given the marginal propensity to consume (MPC), the miltiplier is given by
Multiplier = 1 / (1 - MPC)
Given that the marginal propensity to consume is 0.8, the multiplier is given by
Multiplier = 1 / (1 - 0.8) = 1 / 0.2 = 5
