The Multiplier Effect Following an Increase in Expenditure Is Generated

question 144

True/False

The multiplier effect following an increase in expenditure is generated by induced increases in consumption expenditure as income rises.

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Definitions:

Contact Configurations

The arrangement and specification of contacts within electrical devices, defining their operational functionalities.

Contactor

An electrically controlled switch used for switching an electrical power circuit, commonly used in motor and lighting applications.

Energized

A term used to describe when an electrical component or circuit has voltage applied and is functioning or ready to function.

Holding Contacts

Electrical contacts designed to maintain power in a circuit after an initial actuation, typically found in relays and starters to keep circuits closed.