Under equation C = a + bY, b = 0.8, what is the value of 2 sector expenditure multiplier:
CA Foundation · Business Economics · MTP · September 2025
Under equation C = a + bY, b = 0.8, what is the value of 2 sector expenditure multiplier:
Suggested Answer and Working Notes:
Correct Answer: Option (B)
B. 5
Topics: Determination of National Income
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