Which of the following must be true to have a closed economy…

JAMB Economics 2023 260 views
Source: JAMB · 2023

Which of the following must be true to have a closed economy with no government, and yet the value of the investmet multiplier still increase?

  1. Actual saving has fallen
  2. Marginal propensity to save has fallen ✓
  3. Actual investment had fallen
  4. Average propensity to invest has fallen

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