income multiplier

简明释义

所得乘数

英英释义

例句

1.Understanding the income multiplier 收入乘数 is crucial for policymakers when designing economic stimulus packages.

理解收入乘数 income multiplier对政策制定者在设计经济刺激方案时至关重要。

2.The government implemented a new tax policy to increase the income multiplier 收入乘数 in the local economy.

政府实施了一项新的税收政策，以增加地方经济中的收入乘数 income multiplier。

3.Investing in education can significantly raise the income multiplier 收入乘数 for future generations.

投资教育可以显著提高未来几代人的收入乘数 income multiplier。

4.A higher income multiplier 收入乘数 indicates that an increase in income will lead to more spending in the economy.

更高的收入乘数 income multiplier表明收入的增加将导致经济中更多的消费。

5.Local businesses benefit from a strong income multiplier 收入乘数 effect when residents spend their earnings.

当地企业在居民消费收入时受益于强大的收入乘数 income multiplier效应。

作文

The concept of the income multiplier is crucial in understanding how economic growth can be stimulated through various forms of investment. In simple terms, the income multiplier refers to the idea that an increase in spending leads to a larger increase in national income. This phenomenon occurs because initial spending creates income for businesses and workers, who then spend a portion of that income, further stimulating the economy. For instance, when a government invests in infrastructure projects, it not only creates jobs but also increases demand for materials and services. This initial injection of funds leads to a chain reaction of spending throughout the economy, thereby magnifying the effects of the original investment.To illustrate this concept, consider a community where the local government decides to build a new school. The construction project requires hiring workers, purchasing materials, and engaging local suppliers. The wages paid to the construction workers become disposable income, which they will likely spend on goods and services in the community. As these workers spend their earnings, local businesses see increased sales, which may lead them to hire more employees or expand their operations. Thus, the initial investment in the school generates additional economic activity, demonstrating the power of the income multiplier effect.The size of the income multiplier can vary based on several factors, including the marginal propensity to consume (MPC) within an economy. The MPC is the proportion of additional income that households are likely to spend rather than save. A higher MPC indicates that people are more inclined to spend their income, leading to a larger income multiplier. Conversely, if individuals choose to save a significant portion of their income, the multiplier effect will be smaller because less money circulates through the economy.Moreover, the income multiplier is not limited to government spending; it can also occur through private sector investments. For example, when a company decides to expand its operations by building a new factory, it creates jobs and increases demand for local services. The employees hired by the factory will contribute to the local economy by spending their wages on housing, food, and entertainment, which in turn supports other businesses in the area.However, it is essential to note that the income multiplier effect can diminish over time. As the economy reaches full capacity, the ability to absorb additional spending without causing inflation becomes limited. Additionally, external factors such as economic downturns, changes in consumer confidence, or shifts in government policy can also impact the effectiveness of the income multiplier. Therefore, while the concept is powerful in theory, its practical application requires careful consideration of the broader economic context.In conclusion, the income multiplier is a vital tool for economists and policymakers to understand how investments can lead to greater economic activity and growth. By recognizing the interconnectedness of spending and income generation, stakeholders can make informed decisions that maximize the benefits of their investments. Whether through public infrastructure projects or private sector expansions, harnessing the power of the income multiplier can play a significant role in fostering a vibrant and robust economy.

“收入乘数”这一概念对于理解如何通过各种形式的投资来刺激经济增长至关重要。简单来说，收入乘数是指支出增加导致国家收入更大幅度增加的想法。这一现象发生的原因是，初始支出为企业和工人创造了收入，而这些工人和企业又会将部分收入进行消费，从而进一步刺激经济。例如，当政府投资基础设施项目时，它不仅创造了就业机会，还增加了对材料和服务的需求。这一初始资金注入在经济中引发了一系列的支出，从而放大了原始投资的效果。为了说明这个概念，考虑一个社区，地方政府决定建设一所新学校。这个建设项目需要雇用工人、采购材料和与当地供应商合作。支付给建筑工人的工资成为可支配收入，他们很可能会在社区内消费这些收入。当这些工人花费他们的收入时，当地企业看到销售额增加，这可能会促使他们雇佣更多员工或扩展业务。因此，对学校的初始投资产生了额外的经济活动，展示了收入乘数效应的力量。收入乘数的大小可能因多个因素而异，包括经济中的边际消费倾向（MPC）。边际消费倾向是家庭可能消费而非储蓄的额外收入比例。较高的边际消费倾向表明人们更倾向于消费其收入，从而导致更大的收入乘数。相反，如果个人选择储蓄大量收入，则乘数效应会较小，因为流通于经济中的资金较少。此外，收入乘数不仅限于政府支出；私营部门的投资也会产生乘数效应。例如，当一家公司决定通过建立新工厂来扩大其业务时，它创造了就业机会并增加了对当地服务的需求。工厂雇用的员工将通过在住房、食品和娱乐上的消费来支持当地经济，从而支持该地区的其他企业。然而，必须注意的是，收入乘数效应可能会随着时间的推移而减弱。当经济达到充分产能时，吸收额外支出而不导致通货膨胀的能力变得有限。此外，经济衰退、消费者信心变化或政府政策变化等外部因素也可能影响收入乘数的有效性。因此，尽管这一概念在理论上强大，但其实际应用需要仔细考虑更广泛的经济背景。总之，收入乘数是经济学家和政策制定者理解投资如何导致更大经济活动和增长的重要工具。通过认识到支出和收入生成之间的相互联系，利益相关者可以做出明智的决策，以最大化其投资的收益。无论是通过公共基础设施项目还是私营部门扩张，利用收入乘数的力量都可以在促进充满活力和强劲的经济中发挥重要作用。