Using an income and expenditure diagram, illustrate and explain what you understand by the ‘multiplier’ effect and what determines its magnitude

Using an income and expenditure diagram, illustrate and explain what you understand by the ‘multiplier’ effect and what determines its magnitude.Include examples in UK/Northern Ireland. You must display evidence of understanding and critical thinking in the essay.

Economics

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Using an income and expenditure diagram, illustrate and explain what you understand by the ‘multiplier’ effect and what determines its magnitude

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