Asked by Kira
what is the economic multiplier for the UK?
Answers
Answered by
Reed
I don't think thee is a constant multiplier effect in the UK (or any other country). It will vary with economic conditions and is quite specific to individual situations.
http://economicsonline.co.uk/Managing_the_economy/The_multiplier_effect.html
http://economicsonline.co.uk/Managing_the_economy/The_multiplier_effect.html
Answered by
Kira
So you don't know?
Answered by
Reed
There is no constant multiplier! If there's an increase in exports of something, there's a multiplier effect in jobs created, more money flowing in the economy, etc. If exports go down, the reverse effect applies. It's situational. READ THE ARTICLE!
Answered by
Kira
I did read the article. SO STOP SCREAMING AT ME
Answered by
Reed
Sometimes caps are for emphasis, not to yell or scream, Kira I'm not screaming at you. Your question asks for a single number that can be applied in every situation throughout the UK. There seems to be no such number, which you should understand if you understand the article. Your teacher may be using the concept in a different way, asking for something different. I don't know what he/she has in mind.
Answered by
Kira
Ok thank you. I will contact my teacher and ask her.
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