Economy, asked by kirtigoutam26, 1 day ago

briefly explain the multiplier process​

Answers

Answered by ks218181
1

Explanation:

In economics, a multiplier broadly refers to an economic factor that, when changed, causes changes in many other related economic variables. The term is usually used in reference to the relationship between government spending and total national income. In terms of gross domestic product, the multiplier effect causes changes in total output to be greater than the change in spending that caused it.

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