Economists refer to the series of induced increases in consumption spending that result from an initial increase in autonomous expenditures as the ________ effect.

Name: Economists refer to the series of induced increases in consumption spending that result from an initial increase in autonomous expenditures as the ________ effect.
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The multiplier effect refers to the series of induced increases in consumption spending that result from an initial increase in autonomous expenditures.

Economists Refer to the Series of Induced Increases in Consumption