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The multiplier effect
Author(s) -
Flowers William L.,
Harris John B.
Publication year - 1981
Publication title -
new directions for adult and continuing education
Language(s) - English
Resource type - Journals
eISSN - 1536-0717
pISSN - 1052-2891
DOI - 10.1002/ace.36719811211
Subject(s) - multiplier (economics) , economics , investment (military) , learning society , public economics , psychology , mathematics education , political science , pedagogy , macroeconomics , lifelong learning , law , politics
Input through education anticipates a multiplied output which is reflected in social and economic benefit to the society. Investment in education assumes a multiplier effect on the input such that the output is greater than the initial expenditure, but outcomes are the real measure used by society.