The H aavelmo balanced-budget multiplier is the best-known example of such theorems. We also introduce the concept of 'impact differential' between the initial expenditure-taxation (or investment-saving, or export-import) increments required for the marginal balance to hold. (In the balanced-...
Define Balanced Budget Multiplier. Balanced Budget Multiplier synonyms, Balanced Budget Multiplier pronunciation, Balanced Budget Multiplier translation, English dictionary definition of Balanced Budget Multiplier. abbreviation for BlackBerry Messenger:
consideration of time factor introduced in the deduction of tax multiplier,the time factors should also be taken into account when calculating the balanced budget multiplier.Therefore,the time consistency principle is the basic premise in ensuring correct calculation of the balanced budget multiplier. ...
Thetransferpaymentmultiplieristheratiobetweenthe changesinnationalincomeandtheamountofgovernment transferpaymentsthatcontributetothischange.Tax Multiplier:theratiobetweenthechangeofnationalincomeand thetaxvariabletopromotethischange. BalancedBudgetMultiplier:theratioofnationalincomechange ...
But the balanced-budget multiplier is simpler to judge: If the government spends the money directly on goods and services, that activity goes directly into national income. And with a balanced budget, there is no clear reason to expect further repercussions. People have jobs again: end of story...
Noun1.balanced budget- a budget is balanced when current expenditures are equal to receipts budget- a summary of intended expenditures along with proposals for how to meet them; "the president submitted the annual budget to Congress" Based on WordNet 3.0, Farlex clipart collection. © 2003-20...
aAccording to the balanced budget theorem, a simultaneous and equal increase in government purchases and taxes will shift the AD-curve to the right. But if the AS-curve is upward sloping, then the balanced budget multiplier will be less than one, that is, the increase in output will be le...
The multiplier effects of a measure of the transfer of income under the balanced budget that is the lump-sum taxation and a subsidization for the sector of... EJIRI Y. - 《Journal of the Japanese Forestry Society》 被引量: 1发表: 1997年 A note on the simple balanced budget multiplier De...
1TheBasicTheMultiplierModel 1.1TheAssumptionsoftheModel※TwoSectorsEconomy:HouseholdsandFirms ※WagesandPricesFixed.Thereareunemployedresources.※Nofinancial-marketReactionstoChangesintheEconomy.※InvestmentFixed.※NoDepreciation,GDP＝NDP＝NI＝DI Question：Howoutputisdeterminedintheshortrun？1.2OutputDetermination...
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