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Humanities Travel and Tourism Topic started by: dupoyjohn134 on Jul 28, 2019



Title: All of the following statements about multiplier effect are true EXCEPT which?
Post by: dupoyjohn134 on Jul 28, 2019
All of the following statements about multiplier effect are true EXCEPT which?

▸ Island countries have very quick leakage and, therefore, very low output multipliers.

▸ The multiplier effect occurs when some of the new money from the tourist is re-spent within the local economy.

▸ The multiplier effect is the sum of direct, indirect, and induced effects.

▸ Economic variables for which economists derive multiplier values do not include taxes and imports.


Title: All of the following statements about multiplier effect are true EXCEPT which?
Post by: Antoinette12 on Jul 28, 2019
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Title: All of the following statements about multiplier effect are true EXCEPT which?
Post by: dupoyjohn134 on Jul 28, 2019
Smart ... Thanks!