Multiplier Effect Homework Solutions
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Know your topic
Multiplier effect is a crucial topic in economics. There can be various sub-topics related to it, which might be complicated. Have you heard about economic injections? Well, the addition to economy through government expenditure, money from exports, investments made by firms, and spending on imports from abroad all of these contribute to economic injections. So, the increase in the national income due to the above-mentioned injections refers to the multiplier effect.
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