This economics technique measures the amount of local income per unit of visitor expenditure.

Name: This economics technique measures the amount of local income per unit of visitor expenditure.
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Question

Quizplus · Accepted Answer

The multiplier effect is the correct answer because it measures how initial spending leads to increased income and consumption in a local economy. This concept is often used in tourism economics to assess how spending by visitors generates additional economic activity and income in the area.

This Economics Technique Measures the Amount of Local Income Per