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Determination of Income and Employment — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsDetermination of Income and Employment1 Mark
Question
Give the formula of multiplier.
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Answer

$\text{K}=\frac{\Delta\text{Y}}{\Delta\text{I}'}$Here, K = Multiplier, $\Delta\text{I}$ = Change in investment, $\Delta\text{Y}$ = Change in income.

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