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:

Related MCQs

• In a closed economy, the value of multiplier , when MPC is 0.90
• If MPC = 4/5, then value of the multiplier is:
• As the value of MPC increases, the value of multiplier:
• Who argued that “Everything that is produced in the course of a year, every service rendered, every fresh utility brought about is a part of the national wealth.”?
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• When MPC is 0.5, the value of multiplier is:
• The value of investment multiplier depends on:
• -------------is associated with the theory of multiplier:
• The cost that cannot be recovered once spent
• In the Keynesian two sector economy, AD>AS, then