Multiplier effect: Difference between revisions
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The tendency for a change in the [[budget]] to result in an opposite change in [[gross domestic product]] that is | 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". | ||
Revision as of 14:47, 12 October 2012
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".