Multiplier process in economic theory is conventionally taken to mean: - 19874

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Gopal Sharma • 37.30K Points
Coach Economic

Q. Multiplier process in economic theory is conventionally taken to mean:

(A) The manner in which prices increase
(B) The manner in which banks create credit
(C) The manner in which government expenditure increases
(D) Income of an economy grows on account of an initial investment

Correct Answer - Option(D)

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