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Business, 10.03.2020 04:44 JellalFernandes

He Italian government decides to stimulate the economy by sending checks worth $ 70 billion to Italian consumers. If the government spending multiplier is 1.5 , calculate the MPC to determine the final change in Italy's real GDP due to the transfer. Please give your answer as a whole number in billions of dollars.

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He Italian government decides to stimulate the economy by sending checks worth $ 70 billion to Itali...
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