Question

explain the multiplier mechanism and it's working​

Answer 1

Answer:

The multiplier effect refers to the increase in final income arising from any new injection of spending. The size of the multiplier depends upon household's marginal decisions to spend, called the marginal propensity to consume (mpc), or to save, called the marginal propensity to save (mps).

Answer 2

❥A᭄ɴsᴡᴇʀ࿐

The multiplier effect refers to the increase in final income arising from any new injection of spending. The size of the multiplier depends upon household's marginal decisions to spend, called the marginal propensity to consume (mpc), or to save, called the marginal propensity to save (mps).

Explanation:

hope this helps you ⤴️✔️✔️