MIDTERM PERIOD DIGITAL LEARNING ACTIVITY

This is an effect to tourism spending wherein the income of workers and business owners provided by tourism revenue is spent acquiring different goods and services.

• INDUCED

• INDIRECT

• DIRECT

• LEAKAGE

This is the simplest form of how many times money spent by a tourist circulates through a country's economy.

• Direct

• Indirect

• Tourism Multiplier Effect

• Leakage

This effect of tourism spending is experienced by the providers of tourist goods and services and generating income for various economic agents.

• Induced

• Direct

• Indirect

• Leakage

In 1930s, this British economist introduced the concept of Multiplier Effect in economics.

• Williams

• Rusu

• Anderson

• Keynes

This refers to a type of leakage where the resources collected by the government through direct and indirect taxes leave circulation, reducing the purchasing power of individuals and businesses.

• Taxes

• Imports

• Savings

• All of the Above

When the Multiplier Effect continues, its impact weakens, and money eventually "leaks" from the economy.

• TRUE

• FALSE

There are three types of leakages: taxes, savings, and imports

• TRUE

• FALSE

The indirect effects of tourism spending can be observed when business owners receive profits, workers, receive wages, and the government receives taxes levied on the sale of goods and services.

• TRUE

• FALSE

Due to the international nature of the tourism industry, along with the world becoming increasingly globalized and monopolized by the most successful multinational corporation (MNCs), economic leakage is becoming more and more prevalent.

• TRUE

• FALSE

The revenue generated by outbound tourism flowing into a country, region, or location injects new resources into the economy.

• TRUE

• FALSE