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The government spending multiplier can be calculated by dividing __________. the marginal propensity to consume (b) by 1 minus the marginal propensity to consume (1-b)

The government spending multiplier can be calculated by dividing __________. the marginal propensity to consume (b) by 1 minus the marginal propensity to consume (1-b) the initial change in spending by real GDP the change in GDP by the initial change in spending one minus the marginal propensity to consume (1-b), by the initial change in spending

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