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What is a travel multiplier?
The travel multiplier measures the effect of the initial tourism spending and the chain of spending that follows.
Why tax multiplier is always be smaller than govt spending multiplier?
If the full multiplier for G (i.e. ignoring crowding out effects) is = change in G/Multiplier Then the tax multiplier is = change in T x marginal propensity to consume/multiplier since the mpc is between 0 and 1 the tax multiplier is less. Intuitively it is not difficult to see why, the change tax enters spending decisions through consumption and consumption is dependant on the mpc. Whereas as G affects spending decisions directly - it is a injection into the economy that does not have to work through some indirect source to have an effect on the economy.
Is pulley a speed multiplier or a force multiplier?
force
Which part of the multiplication sentence tells how many times a number is multiplied?
The multiplier. The multiplicand is multiplied by the multiplier to create the product.
What are the math terms for multiplication and is the multiplier is correct answer?
Multiplier x multiplicand = product
