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Determination Of Income And Employment

Question

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What can be maximum and minimum value of investment multiplier?

Solution

Maximum value can be infinity and minimum value can be 1.

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.

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