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2. Given that the spending multiplier is 2.5, an increase of RM10 mil in government spending, how much equilibrium income will increase? A. 27.5 B.

2. Given that the spending multiplier is 2.5, an increase of RM10 mil in government spending, how much equilibrium income will increase? A. 27.5 B. 25 C. 30 D. 23.5

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