Advertisements
Advertisements
प्रश्न
What do you know about multiplier?
लघु उत्तर
Advertisements
उत्तर
Multiplier is a key concept in Keynesian economics that explains the relationship between investment and income, output, and employment. According to Keynes, the multiplier shows how a change in investment can cause a proportionally larger change in income. It is expressed as:
K = `(\DeltaY)/(\DeltaI)`;
where (ΔY) represents the change in income and (ΔI) represents the change in investment.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
