3 ms·
Not quite. Under certain conditions (high marginal propensity to consume, etc.) the "multiplier" can be > 1, and then your stimulus really creates value. https
by FabHK 6y ago
Not quite. Under certain conditions (high marginal propensity to consume, etc.) the "multiplier" can be > 1, and then your stimulus really creates value.
https://en.wikipedia.org/wiki/Fiscal_multiplier https://en.wikipedia.org/wiki/Fiscal_multiplier