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Question
The multiplier can be expressed as ______
Options
K = `(ΔS)/(ΔI)`
K = `(ΔY)/(ΔI)`
K = I - S
None of these
MCQ
Fill in the Blanks
Solution
The multiplier can be expressed as K = `underline((ΔY)/(ΔI))`.
shaalaa.com
Determination of Equilibrium Income in the Short Run - The Multiplier Mechanism
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