Multiplier effect

Definition: 

Factor of proportionality that shows how much spending in a NWRM may induce direct or indirect changes in macroeconomic variables, such as income, employment, investment, etc. It is another way of referring to wider economic impacts of NWRM.

Links: 
Relation type: 
Broader
Relation type: 
Related
Last updated: 04 Mar 2015 | Top