Difference between revisions of "Induced effects"
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(Created page with "'''Induced effects: '''effects resulting from the re-expenditures of households. Employees of companies earn wages that are spend on goods and services. This means that not on...") |
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| − | '''Induced effects: '''effects resulting from the re-expenditures of households. Employees of companies earn wages that are spend on goods and services. This means that not only the |
+ | '''Induced effects: '''effects resulting from the re-expenditures of households. Employees of companies earn wages that are spend on goods and services. This means that not only the hotel's purchase of food and beverages from a wholesaler are included, but also the expenses of the employees of the hotel, as well as the expenses of the employees of the wholesaler, etc. |
Revision as of 19:25, 1 March 2012
Induced effects: effects resulting from the re-expenditures of households. Employees of companies earn wages that are spend on goods and services. This means that not only the hotel's purchase of food and beverages from a wholesaler are included, but also the expenses of the employees of the hotel, as well as the expenses of the employees of the wholesaler, etc.
