What does the spokesperson mean by a ripple effect

Reference no: EM131022996

Why would the Caldecott Tunnel in Northern California and similar construction projects elsewhere in the country be expected to help the economy in the short run? A spokesperson for the California state agency in charge of the project mentioned that the Caldecott Tunnel project would have a "ripple effect" on employment. What does the spokesperson mean by a ripple effect?

Reference no: EM131022996

Questions Cloud

How much will taxes have to be cut to bring the economy : Suppose that real GDP is currently $17.1 trillion, potential GDP is $17.4 trillion, the government purchases multiplier is 2, and the tax multiplier is -1.6. Holding other factors constant, by how much will government purchases need to be increas..

Did your search make use of the pop-out effect : Give two examples of a poor warning. Did you understand them? Why did you have difficulties with them? What features could be modified to make the warnings more effective?

Write a research on the cultural background for india : If exported from the US, would the recommended products and services require adaptation to the local market - Would producing the product locally made the product or service more appealing to local consumers based on cultural views?

What is the marginal propensity to save : Given the above information, what is the marginal propensity to consume? Show your work and provide the general formula for the MPC. Given the above information, what is the marginal propensity to save? Show your work and provide the general formul..

What does the spokesperson mean by a ripple effect : Why would the Caldecott Tunnel in Northern California and similar construction projects elsewhere in the country be expected to help the economy in the short run? A spokesperson for the California state agency in charge of the project mentioned th..

Jen and berrys currently sells : How many pints must be sold in a month at the breakeven point?

What can we do to reduce social class inequality : What did you find most surprising in this module's readings, lecture deck and assignments - Have your views on class changed, and if so, how are your views different now?

Does the economy also have to be experiencing a recession : Use a dynamic aggregate demand and aggregate supply graph to illustrate the change in macroeconomic equilibrium from 2017 to 2018, assuming that the economy experiences deflation during 2018. In order for deflation to take place in 2018, does th..

What is the equilibrium interest rate : What is the equilibrium interest rate and quantity of loanable funds given the above information? Now, suppose you are told that government spending is increased by $100 while taxes are increased by $50. Find the new equilibrium interest rate and t..

User Account

All Pages