The Multiplier as Rounds of Spending: A Series That Converges
This lesson is part of the course
In this lesson
You follow an injection of extra spending through 15 rounds, watch the cumulative effect approach 1/(1 − MPC), add tax and import leakages and find how many rounds it takes to reach 90% of the total.
Buy the course once for $9.99 to unlock every lesson and lab, the final exam and the certificate – lifetime access, no subscription.
Lessons in this course
- The Expenditure Identity C + I + G + NX & the Income-Side Check Locked
- The Keynesian Cross: Equilibrium Output, Spending & Tax Multipliers Locked
- The Multiplier as Rounds of Spending: A Series That Converges Locked
- Linear AD–AS: Demand Booms, Supply Shocks & the Output Gap Locked
- Linear IS–LM Solved in Cells: Fiscal vs Monetary Expansion Locked
- The Output Gap & an Okun-Type Rule for Unemployment Locked
- The Expectations-Augmented Phillips Curve: A 12-Period Inflation Path Locked
- Policy Scenario Dashboard: Fiscal, Monetary & the Policy Mix Locked