Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

Multiplier process in economic theory is conventionally taken to mean:

A The manner in which prices increase
B The manner in which banks create credit
C The manner in which government expenditure increases
D Income of an economy grows on account of an initial investment
Answer & Explanation
Option: [D]
Advertisement

Read More Economics Solved Questions

Assam Direct Recruitment Test Series