Give a real-world (or hypothetical) example of how t

Give a real-world (or hypothetical) example of how t

Economics. 150 words minimum.

Give a real-world (or hypothetical) example of how the spending multiplier works. You might want to include some numbers to help support your example. After, respond to 3 different posts.

Solution Preview

Multiplier
The spending multiplier is an economic measure that adjusts with the government’s spending. It occurs when the government changes by reducing or increasing the expenditure budget. The GDP of any country affects the spending multiplier each time there is an adjustment either positive or negative (Strulik, & Trimborn, 2017).

(226 words)