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What is the multiplier ratio?
A
The ratio of the initial change in national income to the final change in injections.
B
The ratio of the final change in national income to the initial change in injections.
C
The ratio of the final change in consumption to the initial change in national income.
D
The ratio of the initial change in injections to the final change in national income.
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2.4.4 The multiplier Flashcards
23 flashcards on Edexcel A A Level Economics 2.4.4 The multiplier: the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3.