Download in pdf multiple choice questions(mcqs) & answers on Indian Economy. These general awareness quiz objective questions answers include mcqs on normative economics, laissez-faire economy etc.
51
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