Keynesian economists claim that every dollar the federal government spends to stimulate the economy will generate a return of between $1.50 and $2.00. New research reveals that those projections are overly optimistic. Read more at Creators [1].
Links[1] https://www.creators.com/read/veronique-de-rugy/06/21/demystifying-the-magical-multiplier-myth
Demystifying the Magical Multiplier Myth
Keynesian economists claim that every dollar the federal government spends to stimulate the economy will generate a return of between $1.50 and $2.00. New research reveals that those projections are overly optimistic. Read more at Creators [1].