the ___ refers to the change in national income resulting from change in investment
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Investment multiplier shows a relationship between initial increment in investment and the resulting increment in national income. It is a measure of change in national income caused by change in investment. Thus, it explains the relationship between increase in investment and the resultant increase in income.
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the ___investment___ refers to the change in national income resulting from change in investment
Explanation:
Investment multiplier shows a relationship between initial increment in investment and the resulting increment in national income. It is a measure of change in national income caused by change in investment. Thus, it explains the relationship between increase in investment and the resultant increase in income.
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