Fiscal multiplier: Difference between revisions
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The '''fiscal multiplier''' is the factor which relates an increase or decrease in [[national income]], to the decrease or increase in the country's [[budget balance]], that causes it. | |||
Revision as of 10:33, 23 October 2012
The fiscal multiplier is the factor which relates an increase or decrease in national income, to the decrease or increase in the country's budget balance, that causes it.