The multiplier effect is the overall economic effect of government spending increases. Proportional increase or decrease in final revenue that follows an infusion or withdrawal of spending is known as the multiplier effect. An economic concept known as multiplier effect describes proportional increase or decrease in final revenue that happens as a result of a capital infusion or withdrawal.
In essence, it assesses the influence that a shift in economic activity will have on a given object's overall economic output. The proportional increase or decrease in final revenue that follows an infusion or withdrawal of spending is known as multiplier effect.
To learn more about multiplier effect, click here.
https://brainly.com/question/1412014
#SPJ4
