Viktor Frankl Quote Stimulus And Response
Viktor Frankl Quote Stimulus And Response. Between stimulus and response there is a space. Between stimulus and response there is space.
When politicians make use of the term "stimulus" they usually mean the government's spending. For economists, stimulus may in part be spending however not every spend is "stimulus."
Why isn't all spending being considered to be a valid type of "stimulus?" We analyze "stimulus" by looking at its effect, such as the magnitude of the multiplier effect (additional dollars created by the initial spending), the velocity effect (the rate at which dollars turnover in the economy), and whether the effect is immediate. We also determine whether the spending is out of existing government revenues or of borrowed dollars since there are different ancillary effects.
However, not every "stimulus" is government spending; "stimulus" can be the opposite, tax cuts. Tax cuts, along with spending, represent the application of government revenue. By avoiding revenue when tax rates are reduced it encourages spending by the private sector, which under the right conditions could have a huge impact on the immediate future and massive multiplier and velocity impacts.
The differences in expenditure and their stimulating effect are essential. What is a good example in a situation where spending is immediate, but has little return or multiplier effect? Let's say you typically drink five glasses of water each day.
As an "stimulus" the government paid you to drink an additional or six glasses of water each day. It will have the immediate impact of promoting the production of water as well as consumption. When the glass the water has been consumed there will be no multiplyer. The entire amount paid by the government was one glass of water over the norm, and in order to get the next glass of drink, your government has to be paid once more. When the government stops paying you, your drinking will cease. Since it does not promote consumption by you as well as others, there's no multiplier effect or speed.
In that space is our power to choose our response. Between stimulus and response is the freedom to choose. In that space is our power to choose our response.
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Between stimulus and response lies a space. In that space is our power to choose our response. ~viktor frankl please share, it.
Between Stimulus And Response, There Is A Space.
In our response lies our growth and our freedom. Viktor frankl more viktor frankl. Frankl has been credited with the following:
In Our Response Lies Our Growth And Our Happiness.
Frankl situation challenged between stimulus and. In that space is our power to choose our response. In that space is our power to choose our response.
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In That Space Lies Our Freedom And Power To Choose Our Response.
Between stimulus and response is the freedom to choose. It is possible to control ones reactions and feelings even when one is faced with frightening hardships. Frankl viktor meaning response stimulus between quote quotes space there crisis times power.
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