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If the marginal propensity to consume is equal to 0.80, the spending multiplier is a. 0.80 b. 1.25 c. 4.00 d. -4.00 e. 5.00

If the marginal propensity to consume is equal to 0.80, the spending multiplier is

a. 0.80

b. 1.25

c. 4.00

d. -4.00

e. 5.00

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