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