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Suppose that Of is the marginal propensity to consume, then the government spending multiplier predicted by the IS/LM model is _, where C = Co

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Suppose that Of is the marginal propensity to consume, then the government spending multiplier predicted by the IS/LM model is _, where C = Co + C1(Y - T) and I, G, and T are constant and the LM curve is given by its standard equation. (a) dY = 1+01 (b) dY 1 dG 1-CI+ dY (C) &G 1-C1 (d) dy dG 1 -CI Ob O d OC O a

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