Ask Question
28 July, 06:37

If a $200 billion increase in investment spending creates $200 billion of new income in the first round of the multiplier process and $160 billion in the second round, the multiplier in the economy is:

+2
Answers (1)
  1. 28 July, 07:13
    0
    The multiplier would be 4, I believe so.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “If a $200 billion increase in investment spending creates $200 billion of new income in the first round of the multiplier process and $160 ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers