Macroeconomics Vocabulary

1 words in this vocabulary list

noun a noun is a word that refers to a person, place, thing, event, substance, or quality

  • The multiplier effect refers to the phenomenon where an initial increase in spending leads to further economic activity and growth.
  • When you spend money, it has a multiplier effect on the economy by creating more jobs and opportunities.
  • Dude, spending money has this cool multiplier effect that helps boost the economy big time.
  • Kindness has a multiplier effect, spreading positivity and goodwill to everyone it touches.