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.

QUIZZES

LEARN THE SPANISH WORDS FOR THESE COMMON ANIMALS!

Are you learning Spanish? Or do you just have an interest in foreign languages? Either way, this quiz on Spanish words for animals is for you.
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How do you say “cat” 🐈 in Spanish?
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.