Conventional algebraic estimate of the fiscal multipliers ignores the concept of velocity of money and mistakenly assumes that money changes hands an infinite number of times during a given year while we know money only has a finite velocity. Apart from the velocity of money. fiscal multipliers tend to depend on average propensity to consume and average propensity to import of the eco... https://www.foldlyers.shop/product-category/incandescent-globes/