Multiplier
Revision as of 16:38, 2 June 2020 by Kevmwangi (talk | contribs) (Created page with "Multiplier is total increase in aggregate expenditures divided by the original increase in expenditures. ==Definition== According to Principles of Economics by Timothy...")
Multiplier is total increase in aggregate expenditures divided by the original increase in expenditures.
Definition
According to Principles of Economics by Timothy Taylor (3rd edition),
- Multiplier. Total increase in aggregate expenditures divided by the original increase in expenditures.
