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5.1 The following information is provided: c = 0.8 t = 0.15 m = 0.2 Calculate the value of the multiplier based on the provide
5.1 The following information is provided:
c = 0.8
t = 0.15
m = 0.2
Calculate the value of the multiplier based on the provide information for the following economies:
5.1.1. Closed economy with no government
5.1.2 Closed economy with a government and tax
5.1.3 Open economy with a government, tax and induced imports
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