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By How Much Does GDP Rise if the Government Buys More Output?

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NBER2009-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w15496
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During World War II and the Korean War, real GDP grew by about half the amount of the increase in government purchases. With allowance for other factors holding back GDP growth during those wars, the multiplier linking government purchases to GDP may be in the range of 0.7 to 1.0, a range generally
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2009-11-01
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