And if the initial stimulus triggers a cascade of expenditure among consumers and businesses, the multiplier can be well above one.
如果初始刺激引起消费者和商业活动的连锁反应,乘数很可能大于1。
2
Multiplier analysis is an important method in modern macroeconomic analysis, and undoubtedly, it is also an important measure in economic effect analysis of military expenditure.