Economics · Keynesian Multiplier
Arrange the following events in the correct ascending time sequence after an autonomous increase in investment: 1. Income increases2. Consumption rises3. Multiplier process begins4. Employment increases
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 13 → 1 → 4 → 2
- 21 → 3 → 4 → 2
- 33 → 4 → 2 → 1
- 43 → 1 → 2 → 4✓
Correct answer
3 → 1 → 2 → 4
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