McqMate
Q. |
The value of investment multiplier relates to - |
A. | change in income due to change in autonomous investment. |
B. | change in autonomous investment due to change in income. |
C. | change in income due to change in consumption. |
D. | change in the income due to change in induced investment. |
Answer» B. change in autonomous investment due to change in income. | |
Explanation: The term investment multiplier refers to the concept that any increase in public or private investment spending has a more than proportionate positive impact on aggregate income and the general economy. The investment multiplier tries to determine the financial impact for a public or private project. |
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