What is a Local Multiplier Effect?
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"What Is the Multiplier Effect?
The multiplier effect is an economic term, referring to the proportional amount of increase, or decrease, in final income that results from an injection, or withdrawal, of capital. In effect, Multipliers effects measure the impact that a change in economic activity—like investment or spending—will have on the total economic output of something. This amplified effect is known as the multiplier."
Source: https://www.investopedia.com/terms/m/multipliereffect.asp
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