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  • If equilibrium GDP is $1 trillion greater than full employment GDP, and there is an inflationary gap of $250 billion,...

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    If equilibrium GDP is $1 trillion greater than full employment GDP, and there is an inflationary gap of $250 billion, the multiplier is

    [removed]zero.
    [removed]1.
    [removed]2.5.
    [removed]4.
    [removed]impossible to find.
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