Economy, asked by cr99, 10 months ago

the value of the multiplier can range between which values?​

Answers

Answered by hardikrakholiya21
2

Explanation:

Minimum and Maximum Value of Multiplier:

(i) Minimum value of multiplier is 1 because minimum value of MPC can be zero. (ii) Maximum value of multiplier may be – (infinity) because maximum value of MPC can be 1. Between these two extremes (1 and infinity), value of multiplier varies depending upon value of

Answered by palak5354
0

Explanation:

Minimum value of multiplier is 1 because minimum value of MPC can be zero. (ii) Maximum value of multiplier may be – (infinity) because maximum value of MPC can be 1. Between these two extremes (1 and infinity), value of multiplier varies depending upon value of MPC.

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