Examlex
Which type of learning occurs when we observe other people's behaviours?
Tax Receipts
The cumulative sum of taxes gathered by a government from both companies and individuals.
Recession
A span of transitory economic worsening, seen in lessened trade and industrial efforts, often marked by a fall in GDP for two straight quarters.
MPC
The marginal propensity to consume, which is the proportion of additional income that a consumer spends on goods and services rather than saving it.
Multiplier
In economics, a factor by which a change in spending results in a greater change in national income.
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