There's an economic multiplier at work because all of those people who are now employed at the new factory are spending money in the community.
Financial and business terms. 2012.
Economic policy — refers to the actions that governments take in the economic field. It covers the systems for setting interest rates and government deficit as well as the labour market, national ownership, and many other areas of government. Such policies are… … Wikipedia
Multiplier uncertainty — In macroeconomics, multiplier uncertainty is lack of perfect knowledge of the multiplier effect of a particular policy action, such as a monetary or fiscal policy change, upon the intended target of the policy. For example, a fiscal policy maker… … Wikipedia
Multiplier (economics) — In economics, a multiplier is a factor of proportionality that measures how much an endogenous variable changes in response to a change in some exogenous variable. For example, suppose a one unit change in some variable x causes another variable… … Wikipedia
economic growth — Process by which a nation s wealth increases over time. The most widely used measure of economic growth is the real rate of growth in a country s total output of goods and services (gauged by the gross domestic product adjusted for inflation, or… … Universalium
ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… … Encyclopedia of Judaism
economic stabilizer — Any of the institutions and practices in an economy that serve to reduce fluctuations in the business cycle through offsetting effects on the amounts of income available for spending (disposable income). The progressive income tax, unemployment… … Universalium
multiplier — /mul teuh pluy euhr/, n. 1. a person or thing that multiplies. 2. Arith. a number by which another is multiplied. 3. Physics. a device for intensifying some effect. [1425 75; late ME; see MULTIPLY, ER1] * * * In economics, a numerical coefficient … Universalium
Economic growth — GDP real growth rates, 1990–1998 and 1990–2006, in selected countries … Wikipedia
Multiplier — In Keynesian economic theory, a factor that quantifies the change in total income as compared to the injection of capital deposits or investments which originally fueled the growth. It is usually used as a measurement of the effects of government … Investment dictionary
multiplier effect — noun : the effect of a relatively minor factor in precipitating a great change ; especially : the effect of a relatively small change in one economic factor (as rate of saving or level of consumer credit) in inducing a disproportionate increase… … Useful english dictionary
