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In Illyria the government spending multiplier is 2.5. If the government decides to stimulate the economy by sending checks worth $60 billion to consumers, the
In Illyria the government spending multiplier is 2.5. If the government decides to stimulate the economy by sending checks worth $60 billion to consumers, the final change in Illyria's real GDP due to transfer is_____________ If instead the government decides to stimulate the economy through government spending of goods and services, the final change in Ilyria's real GDP due to Government spending (G) is______________
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