MCQOPTIONS
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| 1. |
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. | income of an economy grows on account of an initial investment |
| D. | the manner in which government expenditure increases |
| Answer» D. the manner in which government expenditure increases | |