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If the marginal propensity to consume is 0.70, what is the multiplier, assuming there are no taxes or imports? Round to the 3 decimal points.

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If the marginal propensity to consume is 0.70, what is the multiplier, assuming there are no taxes or imports? Round to the 3 decimal points. Given the multiplier that you calculated, by how much will gross domestic product (GDP) increase when there is a $1 ,000 increase in government spending? Give your answer to the nearest whole number

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