[Solved] On the basis of the Keynesian model of output determination, a multiplier of 3 implies that

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Q.	On the basis of the Keynesian model of output determination, a multiplier of 3 implies that
A.	An increase in consumption by `3 will result in an increase in investment by Re. 1
B.	An increase in investment by Re. 1 will result in an increase in consumption by `3
C.	An increase in investment by Re. 1 will result in an increase in consumption by `2
D.	An increase in investment by Re. 1 will result in an increase in consumption by Re. 1
Answer» C. An increase in investment by Re. 1 will result in an increase in consumption by `2

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