The document discusses the Keynesian investment multiplier, which asserts that an increase in investment spending raises GDP by more than the amount of the initial investment increase. It defines the multiplier as the change in output resulting from a one unit change in autonomous expenditure. The multiplier (k) is the ratio of the change in income to the change in investment. It then lists the assumptions of the Keynesian model, such as constant prices and less than full employment, and derives the formula for calculating the simple Keynesian investment multiplier.