The multiplier effect refers to how an increase in spending ultimately leads to a far bigger change in GDP than the amount spent. For example, if a person spends $1,000, that capital will grow to the extent that it increases GDP by far more than $1,000. Is MPC the spending multiplie...
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...
Hence, the multiplier is 5, which means that every £1 of new income generates £5 of extra income. The multiplier effect in an open economy As well as calculating the multiplier in terms of how extra income gets spent, we can also measure the multiplier in terms of how much of the...
题目:the multiplier effect 旧题 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...
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....
Renfrew argued that any single innovation would have had a limited or negligible effect on social organization because the inherently conservative nature of societies acts to minimize change. However, the interaction of several simultaneous developments created a multiplier effect. In the Aegean, increased...
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...
With a higher multiplier, government policies to raise or reduce aggregate expenditures will have a larger effect. Thus, a low multiplier means a more stable economy, but also weaker government macroeconomic policy, while a high multiplier means a more volatile economy, but also an economy in ...
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The Multiplier Effect(历史类) Posted on03/21/2019by周, 周杰 小喇叭 Notice:【公众号功能性关键词回复】 进入公众号,对话框内输入“阅读答案”,即可获取杰哥公开免密的文章答案。 Go into our WeChat Official Account, type in “阅读答案”, then you’ll get answers of the passages(no password) ...