Wednesday, July 04, 2012

Unit 2: The London Olympics and the multiplier effect

.....................as explained by Sky

http://news.sky.com/story/955358/olympics-to-give-uk-economy-16-5bn-boost

and this BBC video

http://www.bbc.co.uk/news/business-18838527#

and this BBC audio clip

http://news.bbc.co.uk/today/hi/today/newsid_9735000/9735320.stm#

a) Explain how the hosting of the Olympics will have a multiplier effect on the economy
b) Discuss how will this effect the Governments 4 macroeconomic objectives

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