Define the Multiplier

question 21

Essay

Define the multiplier.How is it related to real GDP and the initial change in spending? How can the multiplier have a negative effect?

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Definitions:

Autonomous Motivation

Motivation that comes from within an individual, driven by personal interest, enjoyment, or intrinsic values rather than external pressure or reward.

Job Performance

The extent to which an employee executes their assigned duties and responsibilities effectively within a particular job role.

McClelland's Theory

A motivational theory that categorizes needs into three primary types: the need for achievement, the need for affiliation, and the need for power, influencing individuals' motivations and behavior.

Need of Achievement

A personal motivation drive to accomplish tasks, meet high standards, and work towards the success of goals.