Economics · Macroeconomics
Arrange the following in the correct sequence of the investment multiplier process: (A) Initial increase in investment (B) Increase in income (C) Increase in consumption expenditure (D) Secondary rounds of income and consumption generation
- 1(A), (D), (B), (C)
- 2(B), (A), (C), (D)
- 3(A), (C), (B), (D)
- 4(A), (B), (C), (D)✓
Correct answer
(A), (B), (C), (D)
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