Examlex
Find the sum of the first 10 terms 5, -20, 80, -320, 1280, . . .
MPC
The Marginal Propensity to Consume, representing the proportion of any additional income that a consumer spends on goods and services, as opposed to saving it.
Crowding Out
The phenomenon where increased government spending leads to a reduction in private sector investment, due to higher interest rates or the consumption of financial resources.
Aggregate Demand
The aggregate need for goods and services in an economy at a specific price level and during a certain time frame.
Constitutional Amendment
A formal change or addition proposed to a constitution, which then requires ratification to become part of the document.
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