CBSE Class 12-commerce Answered
How an increase in investment in an economy affects its
level of income?
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
Expert Answer
Increase in investment in an economy generates a multiplier effect on its national income. The extent of multiplier effect depends on the marginal propensity to consume. Higher the marginal propensity to consume, greater the multiplier effect, whereas lower the marginal propensity to consume, lower the multiplier effect.
Answered by | 18 Apr, 2016, 04:46: PM
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 18 Apr, 2016, 02:46: PM
ANSWERED BY EXPERT
