+91-8076753736 support@wiredfaculty.com

Sponsor Area

Determination Of Income And Employment

Question

Wired Faculty App

What is multiplier?

Solution

Investment multiplier (K) is the ratio of increase in income (AY) due to an increase in investment (ΔI). Symbolically: K = ΔY/ΔI.

Some More Questions From Determination of Income and Employment Chapter

State relationship between income and consumption.

What is Breakeven point?

What are the types of Propensity to consume?

How does MPC affect level of income?

Distinguish between APC and MPC, The value of which of APC and MPC can be greater than one and when?

State relationship between income and saving.

What is saving function (or Propensity to save)?

Mock Test Series

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation