When the economy is already booming, the multiplier seems to be close to one.

当经济繁荣时，乘数效应似乎接近于1。

It's very important to invest in our field because there's a multiplicator effect.

是非常重要的投资在我们的领域，因为有一个乘数效应。

It had dramatically underestimated the fiscal multiplier.

它了财政乘数。

Because of the multiplying effect, my 100 dollars can turn into 10,000 or 100,000.

由于乘数效应，我的一百块可能会变成 一万块、十万块。

In that case, multiplying by that number twice would be the same as multiplying by 3, which means the multiplier would be the square root of 3.

样的话，乘个数两次，就等于原本的数量乘以 3，那个乘数就应该是根号 3。

So we have to keep some fraction aside as reserves and that way we can use that money to lend more, but in the process, we create a multiplier effect and create money.

所以我们还是必须留有一部分现在作为储备 样 我们就可以用那部分钱贷出更多贷款，但是过程中 我们实现了乘数效应 创造了货币。

Adding in the companies supporting the yards, and the shops and services that support these workers, the total ran to 400,000, an employment multiplier of 4.

加上造船厂的供应商，以及人产生的商品和服务消费需求，总共拉动了40万人的就业，就业乘数为4。

Another round: 1.3, we multiply by, and we get 4.8 on the left.

乘数为1.3，左边结果为4.8。

In it, Keynes gave a much more complete account of how the multiplier might work, and how it might enable a government to drag a slumping economy back to health.

《在通论》中，凯恩斯对财政乘数可能如何发挥作用以及它如何能让政府把处于下滑中的经济体回归健康给出了一个远为完整的描述。

Spending on infrastructure, and aid to state and local governments, also seems to have a fairly high multiplier, about 1.5.

在基础设施方面的支出，以及对州政府和地方政府的援助，似乎也有相当高的乘数，约为1。5。

Fancy Keynesian multipliers were not needed to keep an economy on track, he reckoned.

他指出，推崇凯恩斯乘数已经不再为保持经济正常运转所必需。

With some clever mechanical tricks, the Step Reckoner was also able to multiply and divide numbers.

利用一机智的机械技巧 莱布尼茨乘法器也能够乘数和除数。

But we want is something that will affect the economy rapidly, but also have a high multiplier.

但是我们希望某东西会快速影响经济，但也有一个高乘数。

Scores of papers have been published since 2008 attempting to estimate fiscal multipliers.

自2008年以来，已经有数十篇试图测算财政乘数的论文出版。

But when the economy is in recession with lots of unemployed workers in lots of unused capital, the multipliers around 2.

但当经济陷入衰退，量失业人在量闲置资本中时，乘数约为2。

One reason is because of this thing called the Multiplier Effect.

一个原因是乘数效应。

The multiplier on government spending might in fact be close to zero, as each extra dollar is almost entirely offset by increased private saving.

由于每一额外的一美元几乎完全被增长了的私人储蓄所抵消，政府开支乘数实际上可能接近于零。

The idea of the multiplier emerged from the intense argument over how to respond to the Depression.

财政乘数的思想出自如何应对萧条的激烈争论。

As a new debate over multipliers flared, freshwater types stood their ground.

随着一场新的关于乘数争论的升温，淡水派坚守了它们的阵地。

And the multiplier effect means that more money is being spent on local businesses, so these jobs create jobs.

乘数效应意味着更多的钱将花在当地企业上，所以作创造了就业机会。