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

一个原因是乘效应。

It had dramatically underestimated the fiscal multiplier.

它大大低估了财政乘。

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

当经济繁荣时，乘效应似乎接近于1。

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

乘为1.3，左边结果为4.8。

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

这是非常资在我们领域，因为有一个乘效应。

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

他指出，推崇凯恩斯乘已经不再为保持经济正常运转所必需。

Keynes supposed there was a “multiplier effect” from changes in investment spending.

凯恩斯认为，存在着一种资开支改变“乘效应”。

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

财政乘思想出如何应对大萧条激烈争论。

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

由于乘效应，我一百块可能会变成 一万块、十万块。

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

利用一些机智机械技巧 莱布尼茨乘法器也能够乘和除。

But general cuts to payroll and income taxes seem to have a multiplier of about 1.

但对工资和所得税全面削减，其乘大约是1。

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

随着一场新关于乘争论升温，淡水派坚守了它们阵地。

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

2008年以，已经有十篇试图测算财政乘论文出版。

If you have a multiplier, divide both sides by the multiplier, and so on.

如果有乘，则将两边除以该乘，依此类推。

Notice how each column has a different multiplier.

请注意每列如何具有不同乘。

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

但是我们希望某些东西会快速影响经济，但也有一个高乘。

This book shares practical suggestions to become a Multiplier.

这本书分享了成为乘实用建议。

To me, this multiplier effect is what it's all about.

对我说，这种乘效应就是它全部意义所在。

And then all of a sudden you get this multiplier effect.

然后突然之间你就得到了乘效应。

Let us call k the investment multiplier.

让我们称 k 为资乘。