Compute the fiscal tax multiplier k_t = −MPC/(1−MPC) for the effect of a tax change on output.
输入边际消费倾向 MPC,求税收乘数。
| Item | Formula / Note | Source / Standard |
|---|---|---|
| Tax multiplier | kt = −MPC / (1 − MPC), negative since higher taxes reduce output | Keynesian multiplier analysis (Keynes 1936; Hansen's formulation) |