full-employment multiplier

简明释义

充分就业乘数

英英释义

The full-employment multiplier refers to the economic concept that illustrates how an increase in investment or government spending can lead to a greater overall increase in national income and employment, assuming the economy is operating at full employment.

充分就业乘数是指一个经济概念,说明投资或政府支出的增加如何导致国家收入和就业的整体增加,前提是经济在充分就业状态下运行。

例句

1.Economists argue that a higher full-employment multiplier 充分就业乘数 can lead to significant job creation.

经济学家认为,更高的充分就业乘数 full-employment multiplier可以导致显著的就业创造。

2.The full-employment multiplier 充分就业乘数 indicates how much additional income is generated for each job created.

充分就业乘数 full-employment multiplier表明每创造一个工作岗位所产生的额外收入。

3.When analyzing fiscal policy, it is crucial to consider the full-employment multiplier 充分就业乘数 effect on overall employment levels.

在分析财政政策时,考虑充分就业乘数 full-employment multiplier对整体就业水平的影响至关重要。

4.The government implemented policies to increase the full-employment multiplier 充分就业乘数, aiming to boost economic growth.

政府实施政策以增加充分就业乘数 full-employment multiplier,旨在促进经济增长。

5.In regions with high unemployment, the full-employment multiplier 充分就业乘数 can be particularly effective in stimulating local economies.

在失业率高的地区,充分就业乘数 full-employment multiplier在刺激地方经济方面可能特别有效。

作文

The concept of the full-employment multiplier plays a crucial role in understanding how fiscal policies can impact an economy. To grasp this idea, we must first understand what is meant by full employment. Full employment does not imply that every individual is employed; rather, it indicates that all who are willing and able to work at prevailing wage rates can find employment. This state is vital for economic stability and growth. When an economy operates at or near full employment, it maximizes its productive capacity, leading to increased output and income levels.The full-employment multiplier refers to the effect that an increase in government spending or investment has on the overall economy when it is operating at full employment. Essentially, it measures how much additional income is generated in the economy as a result of this initial spending. For instance, if the government decides to invest in infrastructure projects, this not only creates jobs directly but also stimulates demand for materials and services from other sectors. As a result, businesses may hire more workers to meet this increased demand, which further boosts income in the economy.To illustrate this concept, consider a hypothetical scenario where the government invests $1 billion in building new highways. Initially, this money goes directly to construction workers and companies involved in the project. These workers, having received their wages, will then spend a portion of their income on goods and services, such as food, clothing, and entertainment. This spending creates additional demand, prompting businesses to increase production and possibly hire more employees. The cycle continues, with each round of spending leading to further increases in income and employment.The strength of the full-employment multiplier can vary based on several factors, including the marginal propensity to consume (MPC) and the overall economic environment. The MPC refers to the proportion of additional income that individuals are likely to spend rather than save. A higher MPC means that more of the income generated from the initial government spending will be re-spent in the economy, leading to a larger multiplier effect. Conversely, if individuals choose to save a significant portion of their income, the multiplier effect will be diminished.Moreover, the full-employment multiplier can also be influenced by the presence of idle resources in the economy. If an economy is already at full employment, any increase in spending may lead to inflationary pressures rather than increased output. Therefore, it is essential for policymakers to consider the current economic conditions when implementing fiscal measures aimed at stimulating growth.In conclusion, the full-employment multiplier is a vital concept for understanding the relationship between government spending and economic activity. By recognizing how initial investments can lead to broader economic benefits, policymakers can design effective strategies to enhance growth and stability. However, it is crucial to analyze the specific circumstances of the economy to ensure that such measures yield the desired outcomes without triggering adverse effects such as inflation. Ultimately, the effective use of the full-employment multiplier can lead to a healthier economy with improved living standards for its citizens.

“充分就业乘数”的概念在理解财政政策如何影响经济方面起着至关重要的作用。要掌握这个想法,我们必须首先了解什么是充分就业。充分就业并不意味着每个人都有工作;相反,它表明所有愿意并能够以现行工资水平工作的人都可以找到工作。这种状态对于经济稳定和增长至关重要。当一个经济体在充分就业或接近充分就业的状态下运作时,它最大限度地发挥其生产能力,从而导致产出和收入水平的提高。“充分就业乘数”指的是当经济在充分就业状态下,政府支出或投资增加对整体经济的影响。它本质上衡量的是由于这种初始支出而在经济中产生的额外收入。例如,如果政府决定投资基础设施项目,这不仅直接创造了就业机会,还刺激了对其他部门材料和服务的需求。因此,企业可能会雇用更多工人来满足这一增加的需求,从而进一步推动经济中的收入增长。为了说明这一概念,考虑一个假设场景,政府投资10亿美元建设新高速公路。最初,这笔钱直接流向参与项目的建筑工人和公司。这些工人在获得工资后,将花费一部分收入购买食品、衣物和娱乐等商品和服务。这种消费创造了额外的需求,促使企业增加生产,并可能雇用更多员工。这个循环继续进行,每轮支出都导致收入和就业的进一步增加。“充分就业乘数”的强度可能会因多个因素而异,包括边际消费倾向(MPC)和整体经济环境。边际消费倾向是指个人可能花费而不是储蓄的额外收入的比例。较高的边际消费倾向意味着从初始政府支出中产生的更多收入将在经济中再次消费,从而导致更大的乘数效应。相反,如果个人选择储蓄相当大一部分收入,乘数效应将会减弱。此外,“充分就业乘数”还可能受到经济中闲置资源存在的影响。如果一个经济体已经处于充分就业状态,任何支出增加可能会导致通货膨胀压力,而不是产出的增加。因此,政策制定者在实施旨在刺激增长的财政措施时,必须考虑当前的经济状况。总之,“充分就业乘数”是理解政府支出与经济活动之间关系的重要概念。通过认识到初始投资如何导致更广泛的经济利益,政策制定者可以设计有效的策略来增强增长和稳定性。然而,分析经济的具体情况至关重要,以确保这些措施产生预期的结果,而不会引发诸如通货膨胀等不利影响。最终,有效利用“充分就业乘数”可以导致经济更健康,公民生活水平提高。

相关单词

multiplier

multiplier详解:怎么读、什么意思、用法