When Investment in an economy increases from ₹10000 crores to ₹14000 crores and as a result of this national income rises ₹80000 to ₹92000 crores,…

CA Foundation · Business Economics · MTP · September 2024
When Investment in an economy increases from ₹10000 crores to ₹14000 crores and as a result of this national income rises ₹80000 to ₹92000 crores, Investment Multiplier will be:
(A) A. 5
(B) B. 3
(C) C. 2
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. 3

Topics: Determination of National Income

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