Home » Multiplier Effect of Money, with illustrations by John F. Moore
Multiplier Effect of Money, with illustrations John F. Moore

Multiplier Effect of Money, with illustrations

John F. Moore

Published
ISBN :
Kindle Edition
4 pages
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 About the Book 

Multiplier Effect of Money, with illustrations. Money-supply and disposable-income increases result in larger increases in spending, because increased money passes from person to person, by repeated spending. The multiplier process causes larger GNPMoreMultiplier Effect of Money, with illustrations. Money-supply and disposable-income increases result in larger increases in spending, because increased money passes from person to person, by repeated spending. The multiplier process causes larger GNP increase than original income increase.