The new law hurts old establishments more, so that thousands of factories closed down in traditional industrial districts, with multiplier effects going down the supply chain.
该新法对旧机构的损害比新机构为甚,成千上万的在旧工业区的工厂关门,骨牌效应推到工业的后援行业去。
Some of that money gets spent again and again, producing the multiplier effect of any increase in the money supply.
其中一部分的钱用了又用,形成各项货币供应的倍加效益。
This decreases the money multiplier, and therefore, the money supply for a given level of Central Bank money.
这减小了货币乘数,因此,一个给定央行货币水平的货币供给也减小(词不达意)。
The following lecture will be about banking, the supply of money and the money multiplier.
接下来的课我们讲银行业,货币供应和货币乘数
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