According to the text, a "multiplier" is used as an assessment and evaluation tool for several reasons. Which of the following is NOT a reason for using a multiplier? Seleet one: O 1. A multiplier represents the amount of times one dollar will be spent before it leaks out into the cconomy. 2. A multiplier is used to assess overall return on investment for one dollar spent. O 3. A multiplier is used to discount a future expenditure in terms of current dollars that needs to he spent. 4. A multiplier is used to evaluute the effectiveness of one event or property compured to another.

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter17: Capital And Time
Section: Chapter Questions
Problem 17.8P
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According to the text, a "multiplier" is used as an assessment and evaluation tool for several
reasons. Which of the following is NOT a reason for using a multiplier?
Seleet one:
O 1. A multiplier represents the amount of times one dollar will be spent before it leaks out into the cconomy.
O 2. A multiplier is used to assess overall return on investment for one dollar spent.
3. A multiplier is used to discount a future expenditure in terms of current dollars that needs to he spent.
O 4. A multiplier is used to evaluute the effectiveness of one event or property compured to another.
Transcribed Image Text:According to the text, a "multiplier" is used as an assessment and evaluation tool for several reasons. Which of the following is NOT a reason for using a multiplier? Seleet one: O 1. A multiplier represents the amount of times one dollar will be spent before it leaks out into the cconomy. O 2. A multiplier is used to assess overall return on investment for one dollar spent. 3. A multiplier is used to discount a future expenditure in terms of current dollars that needs to he spent. O 4. A multiplier is used to evaluute the effectiveness of one event or property compured to another.
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