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Determination Of Income And Employment

Question
CBSEENEC12013027

If value of MPS is 0.25, what is the value of multiplier?

Solution
straight K space equals space 1 over MPS space equals space fraction numerator 1 over denominator 0.25 end fraction space equals space fraction numerator 1 over denominator begin display style 1 fourth end style end fraction space equals space 1 cross times space 4 over 1 space equals space 4