The Multiplier Effect Occurs When a Change in Government Spending

question 56

True/False

The multiplier effect occurs when a change in government spending raises the incomes of people,who in turn increase their spending.

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Definitions:

Economic Constraints

Limited economic resources.

Marginalization

Relegation of people to a less powerful position based on social identities.

Social Identities

Aspects of an individual's identity derived from their membership in social groups such as race, gender, nationality, and religion.

Representations Of Reality

The depiction or portrayal of real-world elements, scenarios, or concepts through various means such as art, literature, or media.