The Multiplier Effect- Macro Topic 3.2
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- Опубліковано 16 чер 2024
- In this video I explain the two multipliers that you will see in an introductory macroeconomics course: the simple spending multiplier and the money multiplier. I also cover the tax multiplier, which is always negative. Keep in mind that the spending multiplier increases when people save less and the multiplier decreases when people save more. As for the calculations, don't freak out. Most econ courses have basic math with numbers that are easy to calculate. Thanks for watching. Please like and subscribe. You rock!
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What did you think of the video? By the way, don't tell anyone that this week's Techinical Tuesday was uploaded on Wednesday. Shhh. Keep it a secret.
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Nicely done. Any idea how much money the uber wealthy have hidden in hidey holes to avoid taxation, or for that matter do they save enough to otherwise remove money from the economy to the point that the multiplier is excessively diminished to a harmful degree?
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I HAVE HAD SEVERAL DIFFRENT PEOPLE EXPLAIN THIS EFFECT TO ME, NON SUCCEEDED IN TEACHING ME. I GREATLY THANK YOU FOR YOUR CLEAR AND UNDERSTANDABLE LECTURINGS!
+Abbosbek khurderberganov You are very welcome
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Fantastic explanation of the multiplier effect in only five minutes.
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I have been in Macro class for over a month .. and don't understand a thing. I watch this video and feel 100% more confident, who needs lectures when I can watch your videos haha! Thanks so much :)
+Tiana Nelson I'm glad I was able to help Tiana. You should check out my Ultimate Review Packet. I think you will like it.
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Please could give lecture on " Neo-classical approach to aggregate supply "
that basically means a classic vs keynesian view of aggregate supply. Discuss the points of difference between them.
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+waleed harbi Great. I'm glad it makes sense.
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Already knew the effect of the multiplier but I watched to compare. You are doing very well with the editing and your voice. Gained a sub ;)
+Nigel PK Thanks Nigel. I appreciate it.
love the begging good intro, love your hack on tax multiplier really simple good examples
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+ash da You are welcome. Please subsribe and tell your friends
Done that long ago ago :)
VERY USEFUL! THANKS!
Hi Jacob, this video really helped, thanks for making it! One question, does investment get factored into the MPC or the MPS? It seems to share properties with both groups, considering it comes out of the interest of having money in hand, but also to something other than the spender themselves.
I like your fun upbeat delivery
I think Hazlitt destroyed the concept of the keynesian multiplier in The Failure of the New Economics
life saver for 10th grade too. I just needed to learn about the basic about what is THE MONEY MULTIPLIER, but i got the whole overview.
Thanks
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Maria Karla Gonzalez smart! He explains it... clear
Same