investment multiplier effect

简明释义

投资乘数作用

英英释义

例句

1.The investment multiplier effect is crucial for understanding how initial investment can lead to greater economic activity.

投资乘数效应对于理解初始投资如何引发更大经济活动至关重要。

2.When a company invests in new technology, the investment multiplier effect can stimulate further investments from suppliers.

当一家公司投资于新技术时，投资乘数效应可以刺激供应商的进一步投资。

3.Economic analysts often study the investment multiplier effect to predict the outcomes of fiscal policies.

经济分析师经常研究投资乘数效应以预测财政政策的结果。

4.Local businesses benefit from the investment multiplier effect when large firms set up operations in their area.

当地企业在大型公司在其地区设立运营时受益于投资乘数效应。

5.The government’s infrastructure spending has a significant investment multiplier effect, leading to increased employment and economic growth.

政府的基础设施支出具有显著的投资乘数效应，导致就业和经济增长的增加。

作文

The concept of the investment multiplier effect plays a crucial role in understanding how investments can lead to greater economic growth. When an entity, such as the government or a business, invests money into the economy, it does not just create a one-time impact; instead, it sets off a chain reaction that can significantly boost overall economic activity. This phenomenon is often explained through the lens of Keynesian economics, which emphasizes the importance of aggregate demand in driving economic growth.To illustrate the investment multiplier effect, consider a scenario where the government decides to build a new highway. The initial investment in the highway construction creates jobs for workers, engineers, and contractors involved in the project. These workers, in turn, receive salaries, which they spend on various goods and services, such as food, clothing, and entertainment. As a result, local businesses experience increased sales, leading them to hire more employees or expand their operations. This cycle continues, as the additional income generated leads to further spending and investment in the community.The magnitude of the investment multiplier effect depends on several factors, including the marginal propensity to consume (MPC) and the level of spare capacity in the economy. The MPC refers to the proportion of additional income that households are likely to spend rather than save. A higher MPC means that more of each dollar earned is spent, thereby amplifying the multiplier effect. Conversely, if people choose to save a large portion of their income, the impact of the initial investment will be diminished.In addition to the MPC, the overall economic environment also influences the investment multiplier effect. In a thriving economy with low unemployment and high consumer confidence, the multiplier effect is likely to be stronger. However, during economic downturns, when consumers are more cautious about spending, the multiplier may be weaker. This highlights the importance of maintaining a stable economic environment to maximize the benefits of investments.Moreover, the investment multiplier effect can have long-term implications for economic policy. Policymakers often use this concept to justify fiscal stimulus measures, especially during recessions. By increasing government spending, they aim to kickstart the economy and create a positive feedback loop of growth. However, it is essential to ensure that such investments are directed toward productive projects that yield significant returns over time.In conclusion, the investment multiplier effect is a vital economic principle that demonstrates how initial investments can lead to a far-reaching impact on the economy. Understanding this effect helps policymakers and economists devise strategies that encourage growth and development. As we navigate the complexities of modern economies, recognizing the interconnectedness of investments and their broader implications will be essential for fostering sustainable economic prosperity.

投资乘数效应的概念在理解投资如何导致更大经济增长方面起着至关重要的作用。当政府或企业等实体向经济投资资金时，这不仅仅是一次性的影响；相反，它引发了一连串反应，显著提升整体经济活动。这一现象通常通过凯恩斯经济学的视角来解释，凯恩斯经济学强调总需求在推动经济增长中的重要性。为了说明投资乘数效应，考虑一个场景，即政府决定修建一条新高速公路。对高速公路建设的初始投资为参与项目的工人、工程师和承包商创造了就业机会。这些工人随后获得工资，他们将这些工资用于购买各种商品和服务，如食品、服装和娱乐。因此，当地企业的销售额增加，导致它们雇佣更多员工或扩大业务。这一循环持续进行，因为产生的额外收入导致社区内进一步的消费和投资。投资乘数效应的大小取决于几个因素，包括边际消费倾向（MPC）和经济中的闲置产能水平。边际消费倾向是指家庭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每赚得的一美元中有更多被花费，从而放大乘数效应。相反，如果人们选择储蓄大量收入，则初始投资的影响将会减弱。除了边际消费倾向外，整体经济环境也会影响投资乘数效应。在低失业率和高消费者信心的繁荣经济中，乘数效应可能更强。然而，在经济衰退期间，当消费者对支出更加谨慎时，乘数效应可能较弱。这突显了保持稳定经济环境以最大化投资收益的重要性。此外，投资乘数效应还可能对经济政策产生长期影响。政策制定者常常利用这一概念来证明财政刺激措施的合理性，特别是在经济衰退期间。通过增加政府支出，他们旨在启动经济并创造积极的增长反馈循环。然而，确保这些投资用于能够带来显著回报的生产性项目至关重要。总之，投资乘数效应是一个重要的经济原则，展示了初始投资如何导致对经济的深远影响。理解这一效应有助于政策制定者和经济学家制定鼓励增长和发展的策略。在我们应对现代经济的复杂性时，认识到投资之间的相互联系及其更广泛的影响将对促进可持续经济繁荣至关重要。