Examlex
When astronomers discuss a nebula, what are they talking about?
Multiplier
In macroeconomics, a factor that quantifies the effect of an initial change in the economy (such as investment or spending) on the total level of economic activity.
Automatic Stabilizers
Economic policies and programs designed to offset fluctuations in a nation's economic activity without additional government action.
Transfer Payments
Payments made by the government to individuals or groups without receiving any goods or services in return, such as social security or welfare benefits.
Crowd-Out Effect
The phenomenon where increased government spending leads to a reduction in private sector spending and investment, often due to higher interest rates.
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