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'The Nottinghamshire Research Observatory in England calculated that students who attend Nottingham Technical University spend about $2,760 each in the local economy for a total

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'The Nottinghamshire Research Observatory in England calculated that students who attend Nottingham Technical University spend about $2,760 each in the local economy for a total of (50.45 million. In total, the impact of their spending on the local economy is $63 million - Calculate the size of the student spending multiplier

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