Describe the income multiplier

Reference no: EM133250578

Questions -

Q1. Describe the income multiplier. How is it calculated? How does leakage affect it? Why?

Q2. How important is price in determining demand for travel? Is price a consideration for all travelers? Who is most likely to be affected by price changes? How can price be used to moderate demand - i.e. how can it control demand?

Q3. What is tourism policy? Why is tourism policy important?

Q4. What is destination sustainability? What factors determine if a tourism destination is sustainable?

Reference no: EM133250578

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