explain how ones expence is anothers income
Dear student,
"one's expenses is another's income" is well explained in Multiplier section (working of multiplier). here-under sharing you with the link.
please find your answer in the link at "operation of multiplier" section
https://www.meritnation.com/cbse-class-12-commerce/economics/introductory-macroeconomics/determination-of-income-and-employment/studymaterial/59_16_341_1989_5846
Regards!!
"one's expenses is another's income" is well explained in Multiplier section (working of multiplier). here-under sharing you with the link.
please find your answer in the link at "operation of multiplier" section
https://www.meritnation.com/cbse-class-12-commerce/economics/introductory-macroeconomics/determination-of-income-and-employment/studymaterial/59_16_341_1989_5846
Regards!!