Assume the economy of Ausland can be described by the following set of equations for all four
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Question:
Assume the economy of Ausland can be described by the following set of equations for all four sectors of the economy:
C = 100 + 0.6(1-t)Y
I = 50
G = 150
NX = 20
m = 0.4
t = 0.2
What is the value of the multiplier (2dp)?
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