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单词 multiplier effect
释义

multiplier effect


An effect in economics in which an increase in spending produces an increase in national income and consumption greater than the initial amount spent. For example, if a corporation builds a factory, it will employ construction workers and their suppliers as well as those who work in the factory. Indirectly, the new factory will stimulate employment in laundries, restaurants, and service industries in the factory's vicinity.

Words nearby multiplier effect

multiplicative group, multiplicative identity, multiplicative inverse, multiplicity, multiplier, multiplier effect, multiply, multiply-connected, multipolar, multipolar cell, multipolar neuron
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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更新时间:2024/11/10 8:13:40