Answer:
Tax multiplier = 3
Explanation:
Given:
Current MPC = 0.75
Find:
Tax multiplier
Computation:
Tax multiplier = MPC / [1 - MPC]
Tax multiplier = 0.75 / [1 - 0.75]
Tax multiplier = 0.75 / 0.25
Tax multiplier = 3
you need to have 120 college credits to earn a bachelor's degree.
that is equivalent to 40 classes since each class is 3 points.!
Hope I helped!
Study, pay attention closely, and always ask for help or questions when needed! :)
