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Multiplication Effect - Economics Dictionary of Arguments | |||
Multiplication Effect: The Multiplication Effect, also known as the multiplier effect, in economics refers to the phenomenon where an increase in spending produces an increase in national income and consumption greater than the initial amount spent. This effect occurs because spending by one entity increases the incomes of others, who then spend more themselves, further stimulating the economy. See also Efficiency, Economic growth._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
Author | Item | More concepts for author | |
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Dari-Mattiacci, Giuseppe | Multiplication Effect | Dari-Mattiacci, Giuseppe | |
De Geest, Gerrit | Multiplication Effect | De Geest, Gerrit | |
Ed. Martin Schulz, access date 2024-10-08 |