18:50 Feb 15, 2016
I'm not convinced this means the multiplier. As you suggest, Donal, a GDP multiplier of 60 is inconceivable, it's normally up to about 2. 0.6 would be plausible, and on the low side (which would fit "apenas"), so maybe they do mean 60%.
But in any case, múltiplo, in principle, means multiple, not multiplier. The Keynesian multiplier normally seems to be referred to in Spanish as "multiplicador".
However, I can't say I understand what they're saying here. |