Multiple Choice
The multiplier effect is best described as:
A) the increase in final income arising from any new injection of spending
B) the increase in the expenditure of a country
C) the increase in the public debt of a country
D) the increase in investment of a country
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Which of the following could be a
Q4: Developmental expenditure refers to<br>A)Revenue Expenditure incurred for
Q5: in order to influence spending on goods
Q6: Old age pension is "National Old Age
Q7: Public Debt has a secular tendency to
Q8: Which of the following describes the situation
Q9: Expenditure incurred by the Government on building
Q10: The ratio of change in the national
Q11: Expenditures incurred on civil administration, defence forces
Q12: Expenditure on defence, interest payments, law and