Approximately how long does it take for the successive increases in spending and output to be completed after an initial increase in investment spending?
A) Two years
B) Ten years
C) Six years
D) One year
E) Five years

Question

Quizplus · Accepted Answer

The process of successive increases in spending and output, often referred to as the multiplier effect, typically completes within a year as the effects of the initial investment ripple through the economy.

Approximately How Long Does It Take for the Successive Increases