The following table illustrates the multiplier process in a private closed economy: Refer to the above table.The change in income in round two will be:
A)$4
B)$16
C)$20
D)$24

Question

The following table illustrates the multiplier process in a private closed economy:  Refer to the above table.The change in income in round two will be:
A)$4 
B)$16 
C)$20 
D)$24

Quizplus · Accepted Answer

The Answer of The following table illustrates the multiplier process in a private closed economy:  Refer to the above table.The change in income in round two will be:
A)$4 
B)$16 
C)$20 
D)$24

The Following Table Illustrates the Multiplier Process in a Private