The multiplier can now be calculated by the following general equation: 1/1- mpw Applying the ‘multiplier effect’ The multiplier concept can be used any situation where there is a new injection into an economy. Examples of such situations include: When the government funds building of a new...
the multiplier effect托福阅读 【原创实用版】 1.托福阅读材料概述 2.什么是乘数效应 3.乘数效应的例子 4.乘数效应在经济中的应用 5.乘数效应的影响和意义 正文 【托福阅读材料概述】 本文是一篇关于托福阅读的材料,主要讲述了乘数效应的相关知识。乘数效应是一个经济学概念,指的是一个初始的变化所引起的最终的...
The multiplier effect refers to the concept in economics that small changes in investment or spending can lead to amplifying effects on the overall economy. Specifically, it suggests that an increase in spending by one person or entity leads to an increase in income for others, who then in tur...
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内容回忆:文章举了Aegean civilization崛起的原因来去证明multiplier effect。一开始有农牧业的发展带来人口的增长,于是在农耕外第一次有了足够的craftspeople。然后导致了copper和bronze的发展,这又带动了其他相关产业的发展,但是craftsmen和他们的产品的分配和制造带来了社会矛盾,所以促进了对于资源的分配和控制的发展,有人...
The multiplier effect is also visible on the Keynesian cross diagram. Figure B.11 shows the example we have been discussing: a recessionary gap with an equilibrium of $700, potential GDP of $800, the slope of the aggregate expenditure function (AE0) determined by the assumptions that taxes ...
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doi:10.1177/056943451405900209Shakun D. MagoDepartment of EconomicsOmicron Delta EpsilonThe American economistMago, S. D. (2014). The multiplier effect: A classroom exercise. The American Economist, 59(2), 182-1...
The multiplier effect ( )A、tellsus that a change in government spending changes equilibrium GDP bymore than the change in government spending.B、worksonly for increases in investment.C、isrelevant only in situations where the MPC cannot be determined....
The multiplier effect quantifies the overall impact of this cycle. It shows that the total increase in economic output can be larger than the initial injection of spending. The magnitude of the multiplier effect depends on factors such as the marginal propensity to consume and the marginal tax ...