What is multiplier. illustrate the relationship between MPC and multip

1.	What is multiplier. illustrate the relationship between MPC and multiplier.
Answer» Answer: Relationship between the MULTIPLIER and the MPC: The value of multiplier is, in fact, determined by the marginal PROPENSITY to consume. The multiplier is large or small ACCORDING as the marginal propensity to consume is large or small. Theoretically, the values of the multiplier can RANGE all the way from ONE to infinity. Explanation:

What is multiplier. illustrate the relationship between MPC and multiplier.

Answer»

Answer:

Relationship between the MULTIPLIER and the MPC: The value of multiplier is, in fact, determined by the marginal PROPENSITY to consume. The multiplier is large or small ACCORDING as the marginal propensity to consume is large or small. Theoretically, the values of the multiplier can RANGE all the way from ONE to infinity.

Explanation:

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What is multiplier. illustrate the relationship between MPC and multiplier. ​

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What is multiplier. illustrate the relationship between MPC and multiplier.