The Impact Effect represents the immediate or short-term effects of economic events, pivotal in models like the multiplier-accelerator.
A comprehensive look at the Multiplier-Accelerator Model which explains economic fluctuations through the interaction of the multiplier effect and the accelerator principle.
In economic base analysis, the Basic Industry Multiplier is the ratio of total population in a local area to employment in the basic industry. It signifies the economic impact of industries that attract external income.
The Foreign Trade Multiplier is a measure in economics that quantifies the increase in a country's Gross Domestic Product (GDP) resulting from the efficiencies and activities associated with foreign trade.
