The equation for the spending multiplier is
A) 1 / (Cy(1-t) - IMy) .
B) 1 / (1-(Cy(1-t) - IMy) )
C) 1 / (1-(Cy(1-t) - IMy) ) .
D) 1-Cy(1-t) - IMy.
Correct Answer:
Verified
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