Publisher's Synopsis
""The Multiplier, Acceleration Principle And Government Spending"" is a book published by the American Economic Association in 1944. The book focuses on three main economic concepts: the multiplier effect, the acceleration principle, and government spending. The multiplier effect refers to the idea that an initial injection of money into the economy can lead to a larger increase in overall economic activity. The acceleration principle refers to the idea that changes in investment spending can have a significant impact on overall economic growth. Government spending is analyzed in the book as a tool that can be used to stimulate economic growth and stabilize the economy during times of recession. The authors of the book explore how these three concepts can be used together to create a more stable and prosperous economy. The book is considered a classic in the field of economics and has been influential in shaping economic policy in the United States and around the world.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
