Examlex
If the heat given off by 300 g of an alloy as it cools through 50 Co is sufficient to raise the temperature of 300 g of water from 30o to 40oC, the specific heat of the alloy must be approximately
Aggregate Demand
The total demand for all goods and services in an economy at a given overall price level and at a given time.
Consumption
The use of goods and services by households.
MPC
The marginal propensity to consume, which measures the proportion of additional income that a consumer spends on goods and services instead of saving.
Aggregate Demand
The total demand for all goods and services in an economy at different price levels, during a specific time period, including consumption, investment, government spending, and net exports.
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