One of the mysteries of the English language finally explained.
A phenomenon whereby a given change in a particular input, such as government spending, causes a larger change in an output, such as gross domestic product.‘a tax cut for the wealthy will have a much smaller multiplier effect in the economy than one for the lower economic classes’
- ‘Manufacturing - and not services - has tremendous economic multiplier effects.’
- ‘Experts have suggested that there is a nine times market multiplier effect inherent in permanent open market operations.’
- ‘Unpredictable multiplier effects still pose a forecasting challenge.’
- ‘During the '90s, macro multiplier effects had a very positive effect on the domestic economy.’
- ‘Subsidizing farmers doesn't have nearly the same multiplier effect on consumption.’
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