What is simple spending multiplier?
What is simple spending multiplier? The simple spending multiplier shows us how much economic output increases with an increase in spending. Economists ask the question this way: how much did real GDP change when a component of aggregate demand changed? What is the spending multiplier in macroeconomics? Definition: The spending multiplier, or fiscal multiplier, is … Continue reading What is simple spending multiplier?
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed