Economy, asked by bhatias648, 11 months ago

What is backward process multiplier ?

Answers

Answered by rupa318
0

Answer:

Reverse Operation of the Multiplier:

Multiplier is a double-edged weapon. It works in the backward direction as much as in the forward direction. The process of income propagation through multiplier does not work in the forward direction only.

Answered by adarsh72642
0

Multiplier Keynesian: Its Working, Operation, Importance and ... Multiplier is a double-edged weapon. It works in the backward direction as much as in the forward direction. The process of income propagation through multiplier does not work in the forward direction only. ... The higher the MPC, the greater the value of the multiplier and greater the cumulative decline in income.

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