Economy, asked by vinny0226, 11 months ago

please explain the concept of multiplier ?​

Answers

Answered by gangobangupbjhf8
3
The multiplier effect. ... The multipliereffect refers to the increase in final income arising from any new injection of spending. The size of the multiplierdepends upon household's marginal decisions to spend, called the marginal propensity to consume (mpc), or to save, called the marginal propensity to save (mps).

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