Advertisements
Advertisements
Question
The value of the multiplier is ______
Options
`1/"MPC"`
`1/"MPS"`
`1/(1 - "MPS")`
`1/("MPC" - 1)`
MCQ
Fill in the Blanks
Solution
The value of the multiplier is `underline(1/"MPS")`.
shaalaa.com
Determination of Equilibrium Income in the Short Run - The Multiplier Mechanism
Is there an error in this question or solution?
