Examlex
Decide whether the given statement is always true or not always true.
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Multiplier
An economic factor that quantifies the effect of investment, government spending, or other economic activities on the overall economy, often leading to a magnified impact.
Marginal Propensity To Save
The fraction of an increase in income that is saved rather than spent on consumption.
Recessionary Periods
Times characterized by a significant decline in economic activity across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.
Tax Revenues
The income that is gained by governments through taxation, which is used to fund public services and government obligations.
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