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Tourism Economics

Tourism Economics. Chapter 7: The Multiplier Effect of Tourist spending. TRM 490 Dr. Zongqing Zhou. Chapter 7: The Multiplier Effect of Tourist spending (1). Multiplier effect: new money entering an economy in whatever form stimulates the economy, not once but several times as it is respent.

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P140 figure 7 3 - PowerPoint PPT Presentation

Tourism Economics