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The multiplier effect measures the impact that a change in economic activity—like investment or spending—will have on total economic output. This degree of amplification is known as the ...
Keynesians claim that through the “multiplier,” a country can spend itself into prosperity. All that is needed is for ...
The term and its formula are based on ... fiscal stimulus would create a multiplier effect. This effect would result from increases in income and consumer spending that caused a chain reaction ...
https://doi.org/10.15609/annaeconstat2009.127.0095 • https://www.jstor.org/stable/10.15609/annaeconstat2009.127.0095 Focusing on government spending on private ...
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