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Find out the value of multiplier when MPS (s) = 0.25. - Economics

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Question

Find out the value of multiplier when MPS (s) = 0.25.

Numerical
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Solution

K = `(1)/s`

= `1/0.25`

= 4

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Chapter 22: Model Short Answer Questions - MODEL SHORT ANSWER QUESTIONS [Page 475]

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Frank Economics [English] Class 12 ISC
Chapter 22 Model Short Answer Questions
MODEL SHORT ANSWER QUESTIONS | Q 155. (ii) | Page 475
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