The simple multiplier is calculated by which of the following formulas?
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4 marks, −1MacroeconomicsKeynesian cross and the multiplierThe investment and expenditure multiplierEasyabout 1 min
CUET-PG 2021 Question 39: Keynesian cross and the multiplier
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The simple multiplier is calculated by which of the following formulas? (A) 1/(1-MPC) (B) 1/(MPC=MPS) (C) 1/(1-MPS) (D) 1/(MPC+MPS)
Keynesian cross and the multiplier has come up 167 times in 7 exams since 2006.
What this question tests
This question is on The investment and expenditure multiplier, part of Keynesian cross and the multiplier in Macroeconomics.
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