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how could the outcomes of the multiplier process be affected by an increase to the propensity to save?

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how could the outcomes of the multiplier process be affected by an increase to the propensity to save?
Answered Same Day Dec 22, 2021

Solution

Robert answered on Dec 22 2021
126 Votes
How could the outcomes of the multiplier process be affected by an increase to the propensity to
save?
Answer:
Multiplier is defined as the change in equili
ium income due to one dollar increase in
autonomous expenditure. In other words, it is the multiple by which equili
ium national
income/GDP will increase when autonomous...
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