Assuming there is no foreign sector, if the multiplier is 3, and the net income tax rate is 20%, the MPC is A. 3/4 B. 4/5 C. 5/6 D. 6/7 As per my understanding multiplier (K) = 1/1-mpc So, mpc should be 2/3 which is not there in the options. Could anyone please help?
