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With the help of sketches and notes, explain the difference between a simple connection and a rigid connection between a wide- flange column and a wide- flange beam.
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage.
Multiplier Effect
The proportional amount of increase, or decrease, in final income that results from an injection, or withdrawal, of spending.
Fiscal Policy
The manipulation of economic activity through fiscal policies involving spending and taxation by a government.
Aggregate Demand
The cumulative demand for every service and product in an economic system, measured at an overall given price level for a specific time frame.
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