PODCAST: The Fiscal Multiplier Effect

By Staff Reporters



Generally, they are defined as the ratio of a change in output (ΔY) to a discretionary change in government spending or tax revenue (ΔG or ΔT) (Spilimbergo and others, 2009). Thus, the fiscal multiplier measures the effect of a $1 change in spending or a $1 change in tax revenue on the level of GDP.

CITE: https://www.r2library.com/Resource/Title/082610254


LINK: https://www.tutor2u.net/economics/reference/multiplier-effect



Thank You


ORDER: https://www.routledge.com/Comprehensive-Financial-Planning-Strategies-for-Doctors-and-Advisors-Best/Marcinko-Hetico/p/book/9781482240283


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