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Suppose that in a country, 70 % of all income the people receive is spent, and 30 % is saved. What is the total amount

Suppose that in a country,70% of all income the people receive is spent, and30% is saved. What is the total amount of spending generated in the long run by a47billion dollar tax rebate which is given to the country's citizens to stimulate the economy if saving habits do not change? NOTE: Include the government tax rebate as part of the total spending. (Write your answer in billions rounded to one decimal place)

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