what is fiscal multiplier ?explain
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≈≈> The multiplier effect is the amount that additional government spending affects income levels in the country. The two major mechanisms of fiscal policy are tax rates and government spending. Typically, fiscal policy is used when the government seeks to stimulate the economy .
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The multiplier effect is the amount that additional government spending affects income levels in the country. The two major mechanisms of fiscal policy are tax rates and government spending. Typically, fiscal policy is used when the government seeks to stimulate the economy.
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