Induced effects

Induced effects

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.

Related subjects

• Economic impact
• Direct effects
• Indirect effects

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