CGL 22 : 09/12/2022 Shift 3

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CGL 22 : 09/12/2022 Shift 3

Question 1

If marginal propensity to consume is denoted by c, then government expenditure multiplier can be expressed as _______.

यदि सीमांत उपभोग प्रवृत्ति को c से निरूपित किया जाता है, तो सरकारी व्यय गुणक को _______ के रूप में निरूपित किया जा सकता है।

Options

A

c

B

1/c

C

1/1-c

D

-1/c

Solution:

Correct Answer:

C

1/1-c

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