The multiplier effect refers to the series

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The multiplier effect refers to the series of

autonomous increases in consumption spending that result from an initial increase in induced expenditures.

induced increases in consumption spending that result from an initial increase in autonomous expenditures.

autonomous increases in investment spending that result from an initial increase in induced expenditures.

induced increases in investment spending that result from an initial increase in autonomous expenditures.

Reference no: EM131101598

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