Transfer payments generates multipier effect, is concept created by A. Keynes B. Adam Smith C. Amartya Sen D. Ruvhir Sharma
Question
Transfer payments generates multipier effect, is concept created by A. Keynes B. Adam Smith C. Amartya Sen D. Ruvhir Sharma
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Solution
The concept of the multiplier effect, including its application to transfer payments, was created by A. Keynes. So, the correct answer is A. Keynes.
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