Balanced Budget Multiplier: Determination and Derivation (With Diagram)
Let us make an in-depth study of the Balanced Budget Multiplier. After reading this article you will learn about: 1. Determination of the Balanced Budget Multiplier in SKM 2. Derivation of the Balanced Budget Multiplier in SKM. Determination of the Balanced Budget Multiplier in SKM: According to Keynes, any increase in autonomous expenditure will have a multiplier effect. So government [...]