Question

what is backward operation of investment ​

Answer 1

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A reduction in investment will lead to contraction of income and consumption which, in turn, will lead to cumulative decline in income and consumption till the contraction in aggregate income is the multiple of the initial decrease in investment.

Answer 2

Answer:

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A reduction in investment will lead to contraction of income and consumption which, in turn, will lead to cumulative decline in income and consumption till the contraction in aggregate income is the multiple of the initial decrease in investment

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