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If in an Economy, Out of Every Additional Rs

Question 2

Multiple Choice

If in an economy, out of every additional Rs.100 of national income, Rs.20 is taxed, Rs.20 is saved, and Rs.10 is spent on imports, then the value of multiplier is:


A) 2
B) 2.5
C) 3.3
D) 5

Correct Answer:

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