Multiplier effect 0.0 / 5 ? EconomicsMultipler effectASOCR Created by: shaimaxx98Created on: 15-03-15 15:39 definition of multiplier effect Any change in a component of AD results in a greater change in real GDP 1 of 5 What is a negative multiplier effect? a decrease in a component of AD results in a decrease in real GDP 2 of 5 What is a regional multipler effect ? an increase in regional investment and government spending to increase local jobs and incomes in regional enterpise 3 of 5 advantages of GDP comparison, impact of inflation, compare growth or recession 4 of 5 disadvantages of GDP double counting, transfer payment, black market, measuring inflation correctly 5 of 5
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