Capacity, Income and the Multiplier Mechanism

Abstract: A 7 page paper discussing the statement that the multiplier mechanism operates through altering capacity utilization or the functional distribution of income. Altering capacity utilization or the functional distribution of income is dependent on the cumulative effects of several factors. Harrod (1939) was aware of the need to define the uneven growth path he could see. The Keynesian multiplier mechanism meets that need. Bibliography lists 6 sources.

Filename: KSeconMulti.rtf

Pages: 7

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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