Keynesian economics suggests that governments should increase spending during recessions to boost demand.
凯恩斯经济学建议,在经济衰退期间,政府应该增加支出以刺激需求。
The Keynesian multiplier effect occurs when an initial injection of spending leads to increased income and further consumption.
凯恩斯乘数效应发生在初始的支出注入导致收入增加和进一步消费时。
A Keynesian approach would advocate for deficit spending in times of economic downturn.
凯恩斯主义的方法会主张在经济低迷时期实行赤字支出。
Critics argue that Keynesian policies can lead to inflation if the economy is already at full employment.
批评者认为,如果经济已经达到充分就业,凯恩斯政策可能会导致通货膨胀。
According to Keynesian theory, aggregate demand is the sum of consumption, investment, government spending, and net exports.
根据凯恩斯理论,总需求是消费、投资、政府支出和净出口的总和。
Keynesian economists believe that fiscal policy should be used as a tool to stabilize the economy.
凯恩斯经济学家认为,财政政策应该被用作稳定经济的工具。
The Great Depression led to the rise of Keynesian economics, which emphasized the role of government intervention.
大萧条导致了凯恩斯经济学的兴起,它强调了政府干预的作用。
In a Keynesian model, changes in the money supply do not necessarily affect real output in the short run.
在凯恩斯模型中,货币供应量的变化不一定在短期内影响实际产出。
The liquidity preference theory, developed by Keynes, explains how interest rates are determined in the money market.
由凯恩斯发展的流动性偏好理论解释了货币市场上利率是如何确定的。
Some economists argue that Keynesian policies were successful in the post-World War II period but less effective in more recent decades.
一些经济学家认为,凯恩斯政策在二战后时期是成功的,但在最近几十年的效果较差。
In fact, market economies have been witness to various transitions — from pre-capitalist laissez-faire policies to Keynesian stimulus measures during the 1929-39 Great Depression, followed by post-war socialist welfare programs, active monetary policies during periods of severe inflation, and the emergence of supply-side measures during times of stagflation, emphasizing tax cuts and reforms.
Macroeconomic regulations they adopted are based on the operation of micro market economies and utilize a combination of Keynesian, monetary and supply-side policies, either in rotation, prioritization or mixed approaches.
Most countries utilizing fiscal stimulus measures as a major tool for economic regulation over a certain period of time can be classified as a combination of "Keynesian policies at the macro level and market economy at the micro level".
Applying a singular strong fiscal stimulus plan, therefore, would lead to a situation of "pure Keynesian policies plus a transitioning market economy", which is fundamentally different from the nature of Japan's case.
Wang warned investors about the "liquidity illusion", a Keynesian term meaning a price drop when investors sell assets at the same time, which can lead to losses.
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