Economists Do It With Models: Frasier Understands The Multiplier Concept...

Monday, June 8, 2009

Frasier Understands The Multiplier Concept...

We've been hearing a lot lately about how government spending is supposedly going to get us out of a recession. I'll leave the value judgments for the end and start with the reasoning. The reason that spending is attractive is because there is a theoretical multiplier effect on Gross Domestic... Sign in to see full entry.

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