Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. UI
  4. /
  5. Economics
  6. /
  7. 2012/2013
  8. /
  9. Q10
Question 10

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)
  • E.Process of multiplying initial increase in income
Objective

Question details

Exam body
UI
Subject
Economics
Year
2012/2013
Question no.
#10
Type
Objective
Previous · Q9The difference between the Gross Domestic Product and the Gross National Product… Next · Q11 A decrease in aggregate spending in an economy will ultimately lead to

More from this paper

  • Q6Product homogeneity is one of the characteristics of
  • Q7Which of the following is compatible with a firm in a purely competitive market?
  • Q8The difference between gross national product and net national product is equal…
  • Q12Money serves well as a store of value in an environment devoid of
  • Q13The ability of deposit money banks to create money is mainly affected by
  • Q14A document that shows the details of government revenue and expenditure in a…
See all Economics 2012/2013 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy