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.
(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.
Answers
GPT-4o mini
The correct response is:
**The original money spent in a location is often used again in that community up to two more times.**
This means that for every dollar spent by tourists in a developed country, it circulates within the local economy, creating additional economic activity and contributing to a total economic impact that is 1.5 to 2 times the original amount spent.
**The original money spent in a location is often used again in that community up to two more times.**
This means that for every dollar spent by tourists in a developed country, it circulates within the local economy, creating additional economic activity and contributing to a total economic impact that is 1.5 to 2 times the original amount spent.