Thea Pham Posted September 26, 2013 Report Share Posted September 26, 2013 Does anybody know how to calculate through the keynesian multiplier (macro)? Reply Link to post Share on other sites More sharing options...
by.andrew Posted September 27, 2013 Report Share Posted September 27, 2013 Keynesian multiplier is basically the concept where x dollars spent by the government (injection) is supposed to multiply into kx dollars in terms of national income. I believe the formula is: Y=k(injection)To find k, the formula is: k=1/(1-Marginal Propensity of Consumption) Reply Link to post Share on other sites More sharing options...
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