The multiplier principle is built on the premise that one person's spending is another person's

Name: The multiplier principle is built on the premise that one person's spending is another person's
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Question

Quizplus · Accepted Answer

The multiplier principle is based on the idea that when someone spends money, it becomes income for someone else. This new income can then be spent, creating more income for another person, and so on, leading to a ripple effect throughout the economy. Therefore, the correct choice is C, income.

The Multiplier Principle Is Built on the Premise That One