_____ is the ratio of the total increment in equilibrium value of final goods output to the initial increment in autonomous expenditure of the economy. |
Marginal Propensity to Consume. Investment multiplier. Consumption Multiplier. Marginal Propensity to Save. |
Investment multiplier. |
The correct answer is Option (2) → Investment multiplier. The ratio of the total increment in equilibrium value of final goods output to the initial increment in autonomous expenditure is called the investment multiplier of the economy. |