Multiplier effect: Difference between revisions

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The '''multiplier effect''' is the tendency for an increase in [[public expenditure]] to result in an increase in [[gross domestic product]] that exceeds the expenditure increase by a factor termed "the multiplier".
The tendency for a change in the [[budget]] to result in an opposite change in [[gross domestic product]] that is greater  by a factor termed "the multiplier".

Revision as of 02:14, 11 October 2012

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The tendency for a change in the budget to result in an opposite change in gross domestic product that is greater by a factor termed "the multiplier".

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