Question

what is the algebraic relationship between multiplier( k) and saving​

Answer 1

Answer:

K= ∆y/∆I or ∆Y = K x ∆I

Investment multiplier indicates the multiplying effect of investment on income. Remember, the value of multiplier determines the rate of growth in the economy A higher value of multiplier will attain a higher level of income and growth.

Answer 2

Answer:

K = ∆y/∆I or ∆Y = K x ∆I

Investment multiplier indicates the multiplying effect of investment on income. Remember, the value of multiplier determines the rate of growth in the economy A higher value of multiplier will attain a higher level of income and growth.