In this article we will discuss about Multiplier and Accelerator in Economics:- 1. Concept of Multiplier 2. Relation between MPC and Multiplier 3. Working 4. Reverse Working 5. Assumptions 6. Leakages 7. Criticisms 8. Importance 9. Principle of Acceleration 10. Equational Model 11. Working 12. Importance. Concept of Multiplier: The concept of multiplier is an […]
Multiplier and Accelerator in Economics: Working, Equational Model and Limitations
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