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The logic of the multiplier effect applies a. only to changes in government spending. b. to any change in spending on any component of GDP. c. only to changes in the money supply. d. only when the crowding-out effect is sufficiently strong.

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andreafernandez

Answer:

B. to any change in spending on any component of GDP

Explanation:

The logic of the multiplier effect applies to any change in spending on any component of GDP

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