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Suppose that an economy has the following functions for C, I, G, and NX: C = 58 + 0.88Y I = 43 G=33 NX=13-0.16Y and

Suppose that an economy has the following functions for C, I, G, and NX: C = 58 + 0.88Y I = 43 G=33 NX=13-0.16Y and the local tax rate is equal to 20%. What is the Simple Multiplier in this case?

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