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Compute of Multiplier when the economy is in Equilibrium.

1. Illustrate what is the expenditure multiplier-describe this briefly? What does it multiply?

2.(a) When an economy is in equilibrium what the size of unplanned inventories is?

(b) Also when an economy is in equilibrium what the relationship between savings and investment is?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M921253

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