The equation for the balanced budget multiplier can be written as

a. (1/1 – b) – (b/1 – b).
b. (1/1 + b) + (? b/1 – b).
c. (1/1 – b) + (b/1 + b).
d. (1/1 + b) – (b/1 + b).


C

Economics

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