The investment expenditure of an economy changes by N 2 million and MPC is 0.75 The multiplier is

Assessment: JAMB UTME - Economics - 2012 Subject: Economics

Question 1 Report

The investment expenditure of an economy changes by N 2 million and MPC is 0.75

The multiplier is

Answer Details
D right ans is option B. 4, where Multiplier = 1/ 1 - MPC. MPC is 0.75.

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