If government spending rises by $1.2 trillion and GDP rises by $2.2 billion, then the multiplier...

 

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If government spending rises by $1.2 trillion and GDP rises by $2.2 billion, then the multiplier in the economy is approximately: O 1.50 O 0.54 0.83. O 1.83. If government spending rises by $1.2 trillion and GDP rises by $2.2 billion, then the multiplier in the economy is approximately: O 1.50 O 0.54 0.83. O 1.83.

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The multiplier in the economy is calculated using the formula Ch... View the full answer