What is multiplier
Multiplier: The Multiplier is the ratio of change in income by the change in investment. Multiplier (k) = ΔY/ΔI
Multiplier: The Multiplier is the ratio of change in income by the change in investment.
Multiplier (k) = ΔY/ΔI
Gross domestic capital formation is always greater than gross fixed capital formation
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When in an economy intended investment is more than intended savings, then what is the consequence of it on the national income? Answer: When I > S, the level of
What are the “powers of the Federal Reserve
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