Question
What does it mean when economists suggest that in developed countries the national multiplier effect of tourism is often 1.5 to 2.0?
(1 point)
Responses
The original money spent in a location is often used again in that community up to two more times.
The original money spent in a location is often used again in that community up to two more times.
The original money spent in a location is used only once and 1.5 to 2 more people have to spend that same amount to benefit the location.
The original money spent in a location is used only once and 1.5 to 2 more people have to spend that same amount to benefit the location.
Money spent by tourists is 1.5 to 2 times more difficult to track than that spent by local residents.
Money spent by tourists is 1.5 to 2 times more difficult to track than that spent by local residents.
Tourism creates 1.5 to 2 times as much pollution as local residents do in an area.
Tourism creates 1.5 to 2 times as much pollution as local residents do in an area.
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(1 point)
Responses
The original money spent in a location is often used again in that community up to two more times.
The original money spent in a location is often used again in that community up to two more times.
The original money spent in a location is used only once and 1.5 to 2 more people have to spend that same amount to benefit the location.
The original money spent in a location is used only once and 1.5 to 2 more people have to spend that same amount to benefit the location.
Money spent by tourists is 1.5 to 2 times more difficult to track than that spent by local residents.
Money spent by tourists is 1.5 to 2 times more difficult to track than that spent by local residents.
Tourism creates 1.5 to 2 times as much pollution as local residents do in an area.
Tourism creates 1.5 to 2 times as much pollution as local residents do in an area.
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Answers
GPT-4o mini
When economists suggest that in developed countries the national multiplier effect of tourism is often 1.5 to 2.0, they mean:
**The original money spent in a location is often used again in that community up to two more times.**
This indicates that the spending by tourists leads to additional economic activity, as that money circulates within the local economy, generating further income and employment.
**The original money spent in a location is often used again in that community up to two more times.**
This indicates that the spending by tourists leads to additional economic activity, as that money circulates within the local economy, generating further income and employment.