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The value of the investment multiplier shows ______. - Economics

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Question

The value of the investment multiplier shows ______.

Options

  • there is a direct relationship between multiplier and marginal propensity to consume.

  • there is an inverse relationship between multiplier and marginal propensity to save.

  • both (a) and (b)

  • none of these

MCQ
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Solution

The value of the investment multiplier shows there is a direct relationship between multiplier and marginal propensity to consume and there is an inverse relationship between multiplier and marginal propensity to save.

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Chapter 12: Theory of Income and Employment - TEST YOURSELF QUESTIONS [Page 229]

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Frank Economics [English] Class 12 ISC
Chapter 12 Theory of Income and Employment
TEST YOURSELF QUESTIONS | Q 12. | Page 229
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