The tourism multiplier effect is an economic concept that demonstrates how a tourist's spending circulates and multiplies within a destination's economy. To get a deeper understanding of how money circulates in an economy, you can refer to this comprehensive guide on Money Supply in Economy – Types of Money, Monetary Aggregates, Money Supply Control .
Here are some additional resources for further exploration:
- An Overview of Monetary Policy – Objectives, Roles and Instruments (UPSC Indian Economy)
- A Compilation of Topic-Wise GS 3 Questions for UPSC Mains