The Keynesian Multiplier

Download or Read eBook The Keynesian Multiplier PDF written by Claude Gnos and published by Routledge. This book was released on 2008-05-25 with total page 398 pages. Available in PDF, EPUB and Kindle.

Author	: Claude Gnos
Publisher	: Routledge
Total Pages	: 398
Release	: 2008-05-25
ISBN-10	: 9781134361939
ISBN-13	: 1134361939
Rating	: 4/5 (39 Downloads)

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Book Synopsis The Keynesian Multiplier by : Claude Gnos

Book excerpt: The multiplier is a central concept in Keynesian and post-Keynesian economics. It is largely what justifies activist full-employment fiscal policy: an increase in fiscal expenditures contributing to multiple rounds of spending, thereby financing itself. Yet, while a copingstone of post-Keynesian theory, it is not universally accepted by

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