Multiplier Effect 

The multiplier effect is a phenomenon that describes the ripple effect of a change in one economic variable on the broader economy. Specifically, it refers to the amplification of an initial change in spending or investment that results in a larger overall impact on the economy than the original change alone. The multiplier effect occurs when the money that is initially spent or invested circulates through the economy, creating new income _______ ____ _____ _______ ____ _________ _________ ___ __________ _______ _______ _______.
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