Multiplier is equal to

$\frac{Δ Y}{Δ S}$

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$\frac{Δ Y}{Δ I}$

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$\frac{Δ I}{Δ Y}$

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$\frac{Δ Y}{Δ C}$

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Solution

The correct option is B
$\frac{Δ Y}{Δ I}$

Multiplier is equal to change in income by change in investment.

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Δ^{C}

Δ

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