vöxtunarstuðli
Vöxtunarstuðli is an Icelandic term that translates to "growth factor" in English. It is primarily used in economics and finance to describe a multiplier effect that can influence economic growth. When an initial investment or expenditure is made, it can lead to a larger overall increase in economic output. This occurs because the initial spending becomes income for someone else, who then spends a portion of that income, and so on.
The concept of a vöxtunarstuðli is closely related to the Keynesian multiplier, which explains how changes
In practical terms, governments may consider the vöxtunarstuðli when implementing fiscal policies. For example, increased government