Question 25

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
2017/2018
Question no.
#25
Type
Objective

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