Recent studies on the effectiveness of fiscal policy tend to suggest that the government spending multiplier is less than 1.0.

Name: Recent studies on the effectiveness of fiscal policy tend to suggest that the government spending multiplier is less than 1.0.
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Recent studies have indeed shown that the government spending multiplier is less than 1.0, meaning that the increase in GDP resulting from government spending is less than the amount of spending itself.

Recent Studies on the Effectiveness of Fiscal Policy Tend to Suggest