Multiplier effect/Definition: Difference between revisions

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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 balance]] to result in an opposite change in [[gross domestic product]] that is related to it by a factor termed "the multiplier".

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A definition or brief description of Multiplier effect.

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

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