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The multiplier is defined as ____
Classroom
Economics Classroom
Post Utme
Post Utme 0
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The multiplier is defined as ____
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
The ratio of the change in income to the change in investment
B
The change in investment divided by the change in income
C
1/(MPC)
D
1/(1-MPS)
E
Process of multiplying initial increase in income
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Correct Answer:
Option A
Explanation:
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