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Question 8

The multiplier is defined as

  • A.The ratio of the change in income to the change in investment
  • B.The change in investment divided by the change in income
  • C.1/(MPC)
  • D.1/(1-MPS)
Objective

Question details

Exam body
FUTA
Subject
Economics
Year
2021/2022
Question no.
#8
Type
Objective
Previous · Q7Gains from trade depends on Next · Q9 If a firm doubles its output and its costs increase by 60%, the firm is…

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