--%>

Define multiplier

Multiplier: It is the number by which change in investment should be multiple in order to find out the resultant change in income and output.

   Related Questions in Microeconomics

  • Q : Securing financing by selling stock Can

    Can someone please help me in finding out the precise answer from the following question. One of the reasons that some new corporations secure much financing by selling the stock is that: (1) Financial investors form higher rates of return from the bond interest than

  • Q : Problem on Paradox of Value I have a

    I have a problem in economics on Problem on Paradox of Value. Please help me in the following question. Since diamonds are much expensive as relative to water, the: (i) Fundamental needs of people don’t comprise water. (ii) Consumer surplus from consuming the di

  • Q : Define surplus budget Surplus budget:

    Surplus budget: When receipts of government are greater than its receipts, it is termed as surplus budget.

  • Q : Determine marginal revenue in

    Assume that a monopolist can sell ten gallons of dehydrated water to backpackers of $10.00 each, however selling 11 gallons forces a price cut of $9.95. Then marginal revenue is: (w) $10.00. (x) $9.95. (y) $9.45. (z) $9.40.

  • Q : In value planning what matter in

    In the value of planning what still matters in strategic management lies?

  • Q : Problem on Substitution Market demand

    Market demand curve for the Hormel’s canned Spam [that is, a processed pork product which is an inferior good for most of the people], would shift rightward as the effect of major increases in: (i) Publicity regarding high correlations among hea

  • Q : Problem on Asymmetric Information I

    I have a problem in economics on Problem on Asymmetric Information. Please help me in the following question. Moral hazard and adverse selection are most important in: (1) The United States. (2) Perfectly competitive markets. (3) Internet markets. (4) Markets dominate

  • Q : Price signalling reallocations in use

    An illustration of prices signalling desirable reallocations would happen while rising product demand leads to rising: (w) levels of investment during the economy. (x) employment of resources producing such good. (y) shifts of resources within other outputs. (z) quick

  • Q : Product differentiation in conduct

    Several market structures may pivot around goods which are heterogeneous, however the only market structure that absolutely needs goods to be differentiated within the minds of consumers of: (1) perfect competition. (2) pure competition. (3) monopolistic competition.

  • Q : Labor markets gain maximization When,

    When, after hiring the very last worker, the organization’s profit is similar as it was before the last worker was hired, then the firm must: (p) Hire more workers to raise the profit. (q) Layoff some workers to raise the profit. (r) Not appoint any more workers